Please complete this form and list your purchase and sale transaction(s) for Yelp Inc. (“Yelp”) (NYSE: Yelp) securities between February 10, 2017 and May 9, 2017, both dates inclusive (the “Class Period”).
You may also contact James Maro, Esq. at (484) 270-1453; or you may submit your information via email at email@example.com, or you may click here to print a PDF of this form.
On January 18, 2018, the initial complaint in this securities class action was filed against Yelp, Inc. (“Yelp” or the “Company”), and certain of Yelp’s directors and officers, asserting violations of Sections 10(b) and 20(a) of the Securities Exchange Act. On October 22, 2019, the Court certified the Class as to all individuals and entities who purchased or otherwise acquired shares of Yelp common stock between February 10, 2017 and May 9, 2017, (the “Class Period”) both dates inclusive.
The complaint alleges that, throughout the Class Period, Defendants made misrepresentations and omissions in connection with Yelp’s local advertising business on February 9, 2017, during a conference call with investors, again on February 14, 2017, at a Goldman Sachs Technology conference, and finally on March 1, 2017, at a Morgan Stanley Technology Media and Telecom Conference, thereby injuring investors.
Current Status of Case:
On June 25, 2018, Plaintiffs filed an amended class action complaint (the “Amended Complaint”). Defendants filed a Motion to Dismiss Plaintiffs’ Amended Complaint on August 2, 2018. On November 27, 2018, the Court entered an Order Granting in part and Denying in part Defendants’ Motion to Dismiss. Defendants filed an Answer to Plaintiffs Amended Complaint on January 21, 2019. On August 14, 2019, Plaintiffs filed a Motion to Certify the Class. On October 22, 2019, the Court granted a joint stipulation for Class Certification. On May 21, 2021, Defendant filed a Motion for Summary Judgment. Plaintiffs filed a Response to the Motion for summary Judgment on June 25, 2021. The Defendants’ Motion for Summary Judgment was denied on September 2, 2021. On December 8, 2021, the parties filed a joint stipulation and proposed order to vacate dates and set the date to file a Motion for Preliminary Approval of Settlement. This matter is still ongoing.
You may find additional information regarding the terms of the settlement and claim filing process at www.yelpsecuritieslitigation.com or by calling JND Legal Administration, at 1(888)-964-0696.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at firstname.lastname@example.org. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.