The Shareholders Foundation announces that an investigation on behalf of investors of Constant Contact Inc (NASDAQ:CTCT) shares was launched over potential securities laws violations by Constant Contact and certain of its directors and officers.
Investors who purchased shares of Constant Contact Inc (NASDAQ:CTCT) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Constant Contact Inc (NASDAQ:CTCT) concerning whether a series of statements by Constant Contact Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Constant Contact Inc reported that its annual Total Revenue rose from $285.38 million in 2013 to $331.68 million in 2014 and that its respective Net Income increased from $7.21 million to $14.31 million.
Shares of Constant Contact Inc (NASDAQ:CTCT) grew from $$22.19 per share in April 2014 to as high as $42.48 per share in February 2015.
On April 30, 2015, Constant Contact Inc announced its first quarter 2015 financial results. Among other things, Constant Contact Inc also issued its guidance for the second quarter and full year 2015. Shares of Constant Contact Inc (NASDAQ:CTCT) declined to as low as $25.00 per share on May 1, 2015.
Those who purchased shares of Constant Contact Inc (NASDAQ:CTCT) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com