Shareholders Foundation, Inc.

Proofpoint Inc (NASDAQ:PFPT) Shareholder Alert: Investigation of Possible Securities Laws Violations

An investigation for investors in NASDAQ:PFPT shares over potential securities laws violations by Proofpoint Inc was announced and NASDAQ:PFPT stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 03/21/2016 -- An investigation for shareholders in Proofpoint Inc (NASDAQ:PFPT) over potential securities laws violations by Proofpoint Inc and certain of its directors and officers was announced.

Investors who purchased shares of Proofpoint Inc (NASDAQ:PFPT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Proofpoint Inc (NASDAQ:PFPT) concerning 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 17, 2016, NASDAQ:PFPT shares closed at $52.22 per share.

Those who purchased shares of Proofpoint Inc (NASDAQ:PFPT) 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