An investigation for investors in NASDAQ:PFPT shares over potential securities laws violations by Proofpoint Incand certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Proofpoint Inc (NASDAQ:PFPT), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Proofpoint Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Proofpoint Inc reported that its annual Total Revenue rose from $106.30 million in 2012 to $265.40 million in 2015 while its Net Loss increased from $20.36 million in 2012 to $106.45 million in 2015.
Shares of Proofpoint Inc (NASDAQ:PFPT) grew from $10.22 per share in November 2012 to as high as $74.59 per share in late November 2015. Since then NASDAQ:PFPT shares declined to as low as $35.56 per share on February 8, 2016.
On March 15, 2016, NASDAQ:PFPT shares closed at $50.94 per share.
Those who purchased NASDAQ:PFPT shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego