SOURCE: Bernstein Litowitz Berger & Grossmann LLP

July 15, 2014 13:43 ET

Bernstein Litowitz Berger & Grossmann LLP Announces Securities Class Action Suit Filed Against Neustar, Inc. and Certain of Its Senior Executives

NEW YORK, NY--(Marketwired - Jul 15, 2014) -  Bernstein Litowitz Berger & Grossmann LLP ("BLB&G") today announced that it has filed a securities class action lawsuit on behalf of Oklahoma Firefighters Pension and Retirement System ("Oklahoma Firefighters") against NeuStar, Inc. ("NeuStar" or the "Company") (NYSE: NSR) and certain of its senior executives. The action, which is captioned Oklahoma Firefighters Pension and Retirement System v. NeuStar, Inc., 14-cv-00885 (E.D. Va.), asserts claims under the Securities Exchange Act of 1934 ("Exchange Act") on behalf of investors in NeuStar common stock during the period of April 19, 2013 to June 6, 2014, inclusive (the "Class Period").

The Complaint alleges that during the Class Period, NeuStar misrepresented and concealed its ability to maintain a critical series of contracts with a telecommunications industry group known as North American Portability Management LLC. When the truth regarding the Company's ability to maintain the contracts was revealed, the price of NeuStar stock fell approximately $11 per share. 

If you wish to serve as Lead Plaintiff for the Class, you must file a motion with the Court no later than 60 days from today. Accordingly, the deadline for filing a motion for appointment as Lead Plaintiff is September 15, 2014. Any member of the proposed Class may move the Court to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed Class.

If you wish to discuss this Action or have any questions concerning this notice or your rights or interests, please contact Avi Josefson of BLB&G at 212-554-1493, or via e-mail at avi@blbglaw.com.

Since its founding in 1983, BLB&G has built an international reputation for excellence and integrity. Specializing in securities fraud, corporate governance, shareholders' rights, employment discrimination, and civil rights litigation, among other practice areas, BLB&G prosecutes class and private actions on behalf of institutional and individual clients worldwide. Unique among its peers, BLB&G has obtained several of the largest and most significant securities recoveries in history, recovering billions of dollars on behalf of defrauded investors. More information about BLB&G can be found online at www.blbglaw.com.

Contact Information

  • CONTACT:
    Avi Josefson
    Bernstein Litowitz Berger & Grossmann LLP
    1285 Avenue of Americas, 38th Floor
    New York, New York 10019
    Telephone: (212) 554-1493