Faruqi & Faruqi, LLP is Investigating Angie’s List, Incorporated on Behalf of its Shareholders - ANGI
Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and the enforcement of federal antitrust laws, is investigating potential claims against the Board of Directors of Angie’s List, Incorporated (“Angie’s List” or the “Company”) (NASDAQ: ANGI) concerning possible breaches of fiduciary duty and other violations of law.
The investigation concerns actions by Angie’s List’s Board of Directors that have caused the Company to allegedly issue false and misleading statements regarding the level of revenue derived from services providers. The Company’s primary business purpose is to maintain a website providing unbiased, online reviews of service providers. The Board of Directors’ actions have potentially compromised that purpose and the Company’s credibility by allegedly allowing service providers to purchase ratings. Shareholders interested in seeking to recover damages on behalf of Angie’s List and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold ANGI shares and you would like to discuss your legal rights, please contact Michael J. Hynes free at 877-247-4292 or at 215-277-5770 or send an e-mail to firstname.lastname@example.org.