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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Blucora, Inc. Investors

January 16, 2020 GMT

BENSALEM, Pa.--(BUSINESS WIRE)--Jan 16, 2020--

Law Offices of Howard G. Smith announces an investigation on behalf of Blucora, Inc. (“Blucora” or the “Company”) (NASDAQ: BCOR ) investors concerning the Company and its officers’ possible violations of federal securities laws.

On January 16, 2020, Blucora revealed that its President and Chief Executive Officer (“CEO”), John Clendening, “has departed his roles as executive and member of the Board of Directors” and that Blucora “anticipates announcing a new CEO by the end of January 2020.” Blucora specified that Clendening’s “departure results from differences in views on the scope of Mr. Clendening’s authority as CEO.”

On this news, Blucora’s stock price fell $1.57, or over 6%, to close at $22.94 per share on January 16, 2020, thereby injuring investors.

If you purchased Blucora securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200116005849/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com 

KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Law Offices of Howard G. Smith

Copyright Business Wire 2020.

PUB: 01/16/2020 04:46 PM/DISC: 01/16/2020 04:46 PM

http://www.businesswire.com/news/home/20200116005849/en