Hynes Keller & Hernandez, LLC Announces Investigation of Rocket Fuel, Inc.

Jan 26, 2016, 07:09 ET from Hynes Keller & Hernandez, LLC

NEW YORK, Jan. 26, 2016 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Rocket Fuel, Inc. (NASDAQ: FUEL) ("Rocket Fuel" or the "Company") concerning possible breaches of fiduciary duty arising from, among other things, the Company's alleged issuance of false and misleading statements to investors.

Specifically, it has been alleged that between September 20, 2013 and August 5, 2014, Rocket Fuel made false and/or misleading statements regarding the Company's ability to eliminate ad fraud and bot traffic in Rocket Fuel's advertising campaigns, while nevertheless assuring investors and others that their proprietary technology could "identify and eliminate all" such threats.

Moreover, the officers and directors of Rocket Fuel failed to adequately disclose the threats posed by fraudulent traffic in Rocket Fuel's filings with the SEC in a manner that would have warned investors that the Company's current and future financial performance was in jeopardy. Ultimately, at various times, the officers and directors of Rocket Fuel caused the Company to either (i) overstate its ability to combat ad fraud; or (ii) understate the gravity of the problem.

Click here for more information about our investigation of FUEL: http://hkh-lawfirm.com/investigations-cases/rocket-fuel-inc/

Hynes Keller & Hernandez, LLC is a national law firm that represents institutional and individual investors.  The firm is focused on providing exemplary legal services in the area of shareholder litigation. The firm has an experienced litigation team which has achieved significant victories on behalf of the firm's clients.  You can visit our website at www.hkh-lawfirm.com for more information.  Attorney advertising. Prior results do not guarantee similar outcomes.

If you hold shares in FUEL and would like to obtain additional information about your legal rights and protect your investment, please visit our website or contact the attorneys below.  There is no cost or obligation to you. 

Contact:


Hynes Keller & Hernandez, LLC          

Hynes Keller & Hernandez, LLC

Ligaya T. Hernandez, Esq.                   

Beth A. Keller, Esq.

1150 First Avenue, Suite 501                

100 South Bedford Road, Suite 340

King of Prussia, PA 19406                      

Mount Kisco, NY 10549

Telephone: (610) 994-0292                     

Telephone: (914) 752-3040

Email: lhernandez@hkh-lawfirm.com   

Email: bkeller@hkh-lawfirm.com

 

SOURCE Hynes Keller & Hernandez, LLC



RELATED LINKS

http://www.hkh-lawfirm.com
http://www.hkh-lawfirm.com