SAN DIEGO, March 31, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP (J&W) is investigating potential violations of the federal securities laws by The Rubicon Project, Inc. (NYSE: RUBI) and certain of its officers. Rubicon engages in automating the purchasing and selling of advertising.
On April 2, 2014, Rubicon traded as high as $21.20 the day the Company sold 6.8 million shares of stock in its initial public stock offering (the "IPO"). However, since the IPO the stock has plummeted, closing at $5.69 per share on March 30, 2017.
Specifically, Johnson & Weaver's investigation seeks to determine whether certain statements regarding the Company's business and prospects were false and misleading when made.
If you have information that could assist in this investigation, or if you are a Rubicon shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP