NEW YORK, Aug. 14, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Yelp Inc. ("Yelp" or the "Company") (NYSE: YELP), concerning whether the board has breached its fiduciary duties to shareholders.
On March 31, 2014, an article was published in The Los Angeles Times reporting on the Company's practice of offering business customers a paid service to suppress negative reviews. On April 2, 2014, The Wall Street Journal reported that the U.S. Federal Trade Commission had received at least 2,046 complaints about Yelp since 2008.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Yelp shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP