San Diego, CA -- (SBWIRE) -- 09/17/2013 -- An investigation on behalf of investors of Model N Inc (NYSE:MODN) shares over potential securities laws violations by Model N Inc and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Model N Inc (NYSE:MODN) have certain options and should contact the Shareholders Foundation at mail(at)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 Model N Inc (NYSE:MODN) concerning whether a series of statements Model N Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Model N Inc reported that its Total Revenue rose from $50.44 million for the 12 months period that ended on Sept. 30, 2009 to $84.26 million for the 12 months period that ended on Sept. 30, 2012.

Shares of Model N Inc (NYSE:MODN) traded in July 2013 as high as $24.41 per share.

Then on September 9, 2013. Model N Inc provided a business update and preliminary guidance for its first quarter and its full year fiscal 2014.

Shares of Model N Inc (NYSE:MODN) declined from $15.15 per share on September 9, 2013 to $9.50 per share on Sept. 10, 2013.

Those who purchased shares of Model N Inc (NYSE:MODN), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com