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SOURCE Faruqi & Faruqi, LLP
NEW YORK, Jan. 14, 2014 /PRNewswire/ -- 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.
Request more information now by clicking here: www.faruqilaw.com/ANGI
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action and derivative litigation. The firm is focused on providing exemplary legal services in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.
If you hold ANGI shares and you would like to discuss your legal rights, visit http://www.faruqilaw.com/ANGI. You can also contact us by calling Michael J. Hynes free at 877-247-4292 or at 215-277-5770 or by sending an e-mail to firstname.lastname@example.org.
Faruqi & Faruqi, LLP
Michael J. Hynes, Esq.
101 Greenwood Avenue Suite 600Jenkintown, PA 19046
Telephone: (877) 247-4292 or (215) 277-5770
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