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Inteliquent, Inc. (IQNT)

(NASDAQ: IQNT)

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Inteliquent, Inc. To Contact The Firm

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 Inteliquent and certain of its executives and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On August 8, 2013, the Company revealed that it would be postponing an earnings call scheduled later that day as a result of an ongoing investigation by the Audit Committee of its Board of Directors regarding Inteliquent’s financial forecasting practices. 

Following this news, Inteliquent shares fell to close at $6.29 per share on August 8, 2013, a decline of $1.72 or over 21%.

Take Action

If you invested in Inteliquent stock or options and would like to discuss your legal rights, you can contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com or fmcconville@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding Inteliquent’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 08/09/2013

Send Information

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