Wolf Haldenstein Adler Freeman & Herz LLP Announces That a Securities Class Action Has Been Filed Against Rocket Fuel Inc. in the Northern District of California -- FUEL

Investors With Losses Greater Than $100,000 Are Encouraged to Contact the Firm Immediately


NEW YORK, Sept. 24, 2014 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons who purchased or otherwise acquired the securities of Rocket Fuel Inc. ("Rocket Fuel" or the "Company") (Nasdaq:FUEL) during the period between September 20, 2013 and August 5, 2014, inclusive (the "Class Period"), including those who purchased shares in the Company's initial public offering ("IPO") on September 19, 2013, and/or the secondary public offering ("SPO") on January 30, 2014, pursuant to the relevant Registration Statements and Prospectuses ("Offering Documents").

The Complaint alleges that the Company and certain of its officers and directors misstated and/or failed to disclose that: (i) a large portion of the advertisements that Rocket Fuel brokered were being "viewed" by automated fraudulent computer programs as opposed to people, which placed the Company's operations and financial performance in jeopardy; (ii) the Company's revenue growth was adversely impacted due to its inability to identify and eliminate such fraudulent views; and (iii) the Company knew no later than the beginning of February 2014 that its financial performance would not meet Wall Street expectations for the quarter due to, among other things, customer concerns about inventory quality.

If you purchased Rocket Fuel Inc. common stock during the Class Period, you may move to be appointed as lead plaintiff by November 3, 2014. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Wolf Haldenstein, or other counsel of your choice, to serve as your counsel in this action.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has over 70 attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please contact Wolf Haldenstein Adler Freeman & Herz LLP by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com. All e-mail correspondence should make reference to the "Rocket Fuel Investigation."

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