Recent Security Class Actions

Yelp Inc. Common Stock (NYSE: YELP)

Company Name:Yelp Inc. Common Stock
Stock Symbol:NYSE: YELP
Class Period Start:02/10/2017
Class Period End (inclusive):05/09/2017

According to the Complaint, Yelp is an online review company that seeks to provide a platform for businesses and
consumers to interact regarding goods and services. Yelp provides business with both free and paid services and derives most of its revenue though the sale of advertising products.

According to the law firm press release, the Complaint alleges that Defendants misled Yelp investors regarding the retention rates for existing customers, as well as revenues and growth rates for the Company's new customers. And, furthermore that Yelp's CEO personally benefited from withholding such information by selling over $25,000,000 worth of Yelp shares (approximately 20% of his Yelp holdings) while allegedly in possession of material nonpublic information regarding Yelp's poor financial results.