WASHINGTON, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC announces that today it voluntarily dismissed without prejudice its securities fraud class action against Bankrate, Inc. ("Bankrate") and certain executives of Bankrate, filed October 22, 2014 in the U.S. District Court for the Southern District of New York (case number 14-cv-8443). Another case against the same defendants remains pending in the U.S. District Court for the Southern District of Florida and is titled Jahm v. Bankrate, Inc. et al., No. 9:14-cv-81323. That case was brought on behalf of all investors who purchased or otherwise acquired Bankrate securities traded on the New York Stock Exchange between October 16, 2012 and September 15, 2014. The deadline for filing motions for the appointment of lead plaintiff in the Jahm action is November 17, 2014.
If you have any questions about this notice or the action, or with regard to your rights, please contact either of the following:
Steven J. Toll, Esq.
Jordan Hill
Cohen Milstein Sellers & Toll PLLC
1100 New York Avenue, N.W.
East Tower, Suite 500
Washington, D.C. 20005
Telephone: (888) 240-0775 or (202) 408-4600
Email: stoll@cohenmilstein.com; jhill@cohenmilstein.com