WAYNE, Pa., Aug. 9, 2013 /PRNewswire/ --Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/iqnt) announces that it is investigating potential claims against Inteliquent, Inc. (NASDAQ: IQNT) ("Inteliquent" or the "Company") on behalf of those who purchased Inteliquent common stock between May 7, 2012 and August 7, 2013 (the "Class Period").
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The investigation concerns whether Inteliquent and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 8, 2013, Inteliquent announced that it has postponed its scheduled earnings call as a result of the ongoing internal investigation over an impairment charge and the Company's financial forecasting practices during the fourth quarter of 2012 and the first quarter of 2013.
On this news, shares of Inteliquent fell $1.72 per share or 21.47% to $6.29 on intraday trading on August 8, 2013.
For more information regarding this, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/iqnt. For more information about class action cases in general or to learn more about Ryan & Maniskas, LLP, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
CONTACT: | Ryan & Maniskas, LLP |
Richard A. Maniskas, Esquire | |
995 Old Eagle School Rd., Suite 311 | |
Wayne, PA 19087 | |
484-588-5516 | |
877-316-3218 | |
www.rmclasslaw.com/cases/iqnt | |
rmaniskas@rmclasslaw.com |
SOURCE Ryan & Maniskas, LLP
