An investigation for investors in NASDAQ:PMTS shares was announced over potential securities laws violations by CPI Card Group and certain of its directors and officers in connection certain financial statements.
Investors who purchased shares of CPI Card Group Inc (NASDAQ:PMTS), 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 CPI Card Group Inc (NASDAQ:PMTS) concerning whether a series of statements by CPI Card Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Littleton, CO based CPI Card Group Inc is a global provider of payment solutions, including card production, card personalization, mobile technologies and fulfillment services. CPI Card Group Inc reported that its annual total Revenue rose from $261.01 million in 2014 to $374.11 million in 2015 and that its Net Income increased from $13.30 million in 2014 to $30.86 million in 2015. On May 11, 2016, CPI Card Group Inc reported its first quarter 2016 results and revised its fully year 2016 financial outlook. Shares of CPI Card Group Inc (NASDAQ:PMTS) declined from $7.85 per share on May 11, 016 to $3.54 per share on May 19, 2016.
Those who purchased NASDAQ:PMTS shares 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