MILWAUKEE, Aug. 9, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating possible securities fraud claims
against QuinStreet (Nasdaq: QNST) resulting from inaccurate
statements QuinStreet made regarding its business practices,
financial statements and prospects.
Click here to learn more about the investigation:
http://ademilaw.com/case/quinstreet-inc or call Guri Ademi toll-free at 866-264-3995. There is
no cost or obligation to you.
The investigation focuses on whether QuinStreet issued false and
misleading statements regarding its business practices and
prospects. Specifically, QuinStreet could not achieve its
financial guidance and projections because the company (i) needed
to reorganize its organizational structure to eliminate
"silos and consolidate functional management"; (ii) lacked an
experienced operating executive to oversee its media operations,
the most complex and operationally intensive area of its
organization; (iii) needed to add new executives and realign
assignments "across the organization to install more experience and
better oversight and accountability for key initiatives"; and (iv)
needed to implement improved management reporting "whereby key
initiatives, old and new, in the media and client groups could be
tracked centrally, more frequently, and more formally."
If you wish to obtain additional information or have information
about QuinStreet, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, http://ademilaw.com/case/quinstreet-inc.
We specialize in securities fraud and shareholder
litigation. For more information, please feel free to call
us. Attorney advertising. Prior results do not guarantee
similar outcomes.
Contact:
Ademi & O'Reilly, LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com
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SOURCE Ademi & O'Reilly, LLP