Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Constant Contact, Inc. (“Constant Contact” or the “Company”) (NASDAQ: CTCT). Investors who purchased or otherwise acquired shares between October 23, 2014 and July 23, 2015, inclusive (the “Class Period”) are encouraged to contact the Firm immediately to discuss their legal options.
If you purchased shares of Constant Contact during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, on April 30, 2015, Constant Contact released financial results that did not meet market expectations. Specifically, the Company announced that its revenue fell below analysts’ expectations. Gail Goodman, CEO of Constant Compact, stated “[w]e were disappointed with the mixed results for the quarter, as revenue came in below expectations while profitability was better than expected. In the quarter we didn’t deliver an acceleration in customer additions as expected, which resulted in missing our revenue goal. Given the current trends, we are adjusting down our revenue plans for the remainder of the fiscal year.”
If you purchased shares of Constant Contact during the Class Period you have until October 6, 2015 to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20150930006791/en/
Contacts:
Joon M. Khang, Esq.
Telephone:
949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com