NEW YORK, Sept. 23, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Inteliquent, Inc. ("Inteliquent" or the "Company") (NASDAQ: IQNT)
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, on August 2, 2016, the Company filed Form 8-K with the U.S. Securities and Exchange Commission reporting its results for second quarter 2016. Inteliquent missed its profit expectations and lowered both its revenue guidance and EBITDA forecast. In addition, on September 19, 2016, Inteliquent revealed its Chief Financial Officer, Kurt Abkemeier, had resigned effective September 23, 2016. On these disclosures, the Company's stock significantly declined.
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If you invested in Inteliquent common stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/IQNT. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Inteliquent's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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