{"id":387214,"date":"2020-11-23T16:48:07","date_gmt":"2020-11-23T21:48:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387214"},"modified":"2020-11-23T16:48:07","modified_gmt":"2020-11-23T21:48:07","slug":"rosen-a-globally-recognized-law-firm-announces-investigation-of-securities-claims-against-quotient-technology-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-quot","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-globally-recognized-law-firm-announces-investigation-of-securities-claims-against-quotient-technology-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-quot\/","title":{"rendered":"ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Announces Investigation of Securities Claims Against Quotient Technology Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm – QUOT"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, Nov. 23, 2020<\/span> \/PRNewswire\/ —\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Quotient Technology Inc. (NYSE: QUOT) resulting from allegations that Quotient may have issued materially misleading business information to the investing public.<\/p>\n

\n

\n
\n \"Rosen
\n <\/a>\n <\/p>\n<\/p><\/div>\n

On November 5, 2020<\/span>, Quotient reported its financial and operating results for the third quarter of 2020, including revenue that fell short of consensus estimates. In addition, for the three and nine months ended September 30, 2020<\/span>, Quotient reported “restructuring charges of zero and $1.5 million<\/span>, respectively, certain acquisition related costs of $0.4 million<\/span> and $1.0 million<\/span>, respectively, and loss contingency of $2.0 million<\/span> related to a contract dispute resulting from a retailer’s failure to perform certain obligations related to a guaranteed distribution fee arrangement for both respective periods.”<\/p>\n

On this news, Quotient’s stock price fell $2.08<\/span> per share, or 21.89%, to close at $7.42<\/span> per share on November 6, 2020<\/span>.<\/p>\n

Rosen Law Firm is preparing a securities lawsuit on behalf of Quotient shareholders. If you purchased securities of Quotient please visit the firm’s website at http:\/\/www.rosenlegal.com\/cases-register-1990.html<\/a>\u00a0to join the securities action. You may also contact Phillip Kim<\/span> of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com<\/a>\u00a0or cases@rosenlegal.com<\/a>.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>\u00a0or on Twitter: https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. <\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0 Laurence Rosen, Esq.<\/span>
\u00a0\u00a0\u00a0\u00a0\u00a0 Phillip Kim, Esq.<\/span>
\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.
\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40th<\/sup> Floor
\u00a0\u00a0\u00a0\u00a0\u00a0 New York, NY<\/span> 10016
\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060
\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653
\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827
\u00a0\u00a0\u00a0\u00a0\u00a0 lrosen@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0 pkim@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0 cases@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0 www.rosenlegal.com<\/a><\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/rosen-a-globally-recognized-law-firm-announces-investigation-of-securities-claims-against-quotient-technology-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm–quot-301179176.html<\/a><\/p>\n

SOURCE Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, Nov. 23, 2020 \/PRNewswire\/ —\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Quotient Technology Inc. (NYSE: QUOT) resulting from allegations that Quotient may have issued materially misleading business information to the investing public. On November 5, 2020, Quotient reported its financial and operating results for the third quarter of 2020, including revenue that fell short of consensus estimates. In addition, for the three and nine months ended September 30, 2020, Quotient reported “restructuring charges of zero and $1.5 million, respectively, certain acquisition related costs of $0.4 million and $1.0 million, respectively, and loss contingency of $2.0 million related to a contract dispute resulting … <\/p>\n

Continue reading “ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Announces Investigation of Securities Claims Against Quotient Technology Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm – QUOT”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387214","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Announces Investigation of Securities Claims Against Quotient Technology Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm - QUOT - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-globally-recognized-law-firm-announces-investigation-of-securities-claims-against-quotient-technology-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-the-firm-quot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Announces Investigation of Securities Claims Against Quotient Technology Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm - QUOT - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Nov. 23, 2020 \/PRNewswire\/ —\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Quotient Technology Inc. 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