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Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Blucora, Inc.BENSALEM, Pa. --(Business Wire)-- Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Blucora, Inc. ("Blucora" or the "Company") (NASDAQ:BCOR) concerning possible violations of federal securities laws. The investigation is focused on the Company's business and operations. Blucora provides online search technology, aggregated search content, and tax preparation services and software in the Unites States and internationally. The Company was formerly known as InfoSpace (News - Alert), Inc., and changed its name to Blucora, Inc. in June 2012. Theinvestigation is related to an article by Gotham City Research LLC, published February 18, 2014, on the investor website SeekingAlpha, alleging that, among other things: (i) Blucora's main web properties are tied to malware, viruses and browser hijackers that attack computers; (ii) Blucora's search volumes experienced a significant boost in recent quarters, due to a rise in illicit search traffic (Including child-pornography related searches); and (iii) at least 50% of the Company's traffic is derived from malware, illicit traffic, pirated content and click fraud -- including involuntary clicks, artificial clicks and illicit clicks. Following this news, Blucora stock dropped more than 10% from its previous closing price, in intraday trading on February 18, 2014. If you purchased Blucora shares, if you have information or would like to learn more about these claims, or if you 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 [email protected], or visit our website at www.howardsmithlaw.com.
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