An investigation for investors in NASDAQ:APPS shares was announced over potential securities laws violations by Digital Turbine and certain of its directors and officers.
Investors who purchased shares of Digital Turbine Inc (NASDAQ:APPS), have certain options and should contact the Shareholders Foundation at email@example.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 Digital Turbine Inc (NASDAQ:APPS) concerning whether a series of statements regarding Digital Turbine Inc’s business, its prospects and its operations were materially false and misleading at the time they were made.
Digital Turbine Inc (NASDAQ:APPS) reported that its Total Revenue rose from $3.85 million for the 12 months period that ended on March 31, 2013 to $86.54 million for the 12 months period that ended on March 31, 2016. However, over the same time period Digital Turbine’s Net Loss increased from $14.16 million to $28.03 million. Shares of Digital Turbine Inc (NASDAQ:APPS) declined from $5.89 per share in September 2014 to as low as $0.75 per share in May 2016.
On October 6, 2016, NASDAQ:APPS shares closed at $1.02 per share.
Those who purchased NASDAQ:APPS shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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