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Bankrate, Inc. board of directors face shareholder lawsuit over takeover

  • If you are currently an investor in shares of Bankrate, Inc. (NASDAQ:RATE), and purchased the shares before July 22, 2009, and / or have additional information relating to the investigation, you should contact the Shareholders Foundation

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Lawsuit Overview

Apax Partners announced to acquire Bankrate for $571million. An angry investor has filed a proposed securities class action lawsuit in the United States District Court for the Southern District of Florida on behalf of current investors of Bankrate, Inc. (Public, NASDAQ:RATE), who purchased the shares before July 22, 2009, alleging breaches of fiduciary duty in connection with an alleg...



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