FindWhat.com Inc. Issues Statement in Response to Shareholder Class Action Lawsuits
This is a press release dated May 20, 2005. This is a response from FindWhat.com with regards to the filing of several shareholder class action lawsuits against the Company and certain officers and directors. FindWhat.com’s statement included the following: “We are entirely comfortable with the appropriateness and completeness of our disclosures and the actions of our executives and directors in the performance of their duties for FindWhat.com, and we believe the claims should be dismissed,” said Craig Pisaris-Henderson, chairman and chief executive officer of FindWhat.com, Inc.
Further information was given about FindWhat.com, Inc. such as its pay-per-click and pay-per-call advertising methods.