• Yelp Is Facing Another Lawsuit

    6 monthes ago - By Eater

    CEO Jeremy Stoppelman allegedly made millions on inflated stock prices Yelp is once again facing the wrath of its shareholders, who slapped the crowd-sourced review website with a fresh class-action lawsuit on Thursday, Fast Company reports. The suit alleges that Yelp misled stockholders about its Q4 2016 financial results and that CEO Jeremy Stoppelman profited off artificially inflated stock prices.
    The complaint claims that when Yelp released its Q4 2016 earnings report in February 2017 it “failed to disclose and misrepresented” certain facts related to user and advertiser retention...
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