The Shareholders Foundation announces that an investigation for investors who purchased shares of Twitter Inc (NYSE:TWTR) shares is ongoing concerning possible violations of Federal Securities Lawsui by Twitter Inc and certain of its directors and officers.
Investors who purchased shares of Twitter Inc (NYSE:TWTR) 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 whether certain statements regarding Twitter’s business, its prospects and its operations were materially false and misleading at the time they were made.
On February 5, 2015, Twitter Inc announced its financial results for the quarter and fiscal year ended on December 31, 2014. Twitter Inc (NYSE:TWTR) reported that its annual Total Revenue rose from $664.89 million in 2013 to over $1.4 billion in 2014 and that its Net Loss declined from $645.32 million to $577.82 million. Shares of Twitter Inc (NYSE:TWTR) grew from $36.68 per share in late January 2015 to as high as $53.49 per share on April 7, 2015.
Then on April 28, 2015, Twitter Inc announced its financial results for the first quarter 2015. Among other things, Twitter Inc also lowered its fully year 2015 expectations. Shares of Twitter Inc (NYSE:TWTR) declined from53.49 per share on April 7, 2015 to $36.52 per share on May 6, 2015.
On May 12, 2015 NYSE:TWTR shares closed at $37.48 per share.
Those who purchased shares of Twitter Inc (NYSE:TWTR) 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