San Diego, CA -- (SBWIRE) -- 11/19/2014 -- An investigation on behalf of investors of Borderfree Inc (NASDAQ:BRDR) shares over potential securities laws violations by Borderfree and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Borderfree Inc (NASDAQ:BRDR) 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 Borderfree Inc (NASDAQ:BRDR) concerning whether a series of statements by Borderfree Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Borderfree Inc reported that its annual Total Revenue rose from $81.38 million in 2012 to $110.46 million in 2013 while its Net Income of $0.19 million in 2012 declined to a Net loss of $0.65 million in 2013.
On May 7, 2014, Borderfree Inc reported its first quarter 2014 financial results. Among other things, Borderfree Inc announced that its first quarter Revenue increased from $25.8 million in 2013 to $26.5 million in 2014, while its first quarter 2013 Net Income of $0.36 million in 2013 declined to a first quarter 2014 Net Loss of $2.04 million.

On August 4, 2014 Borderfree Inc reported its second quarter 2014 financial results. Among other things, Borderfree Inc announced that its second quarter Revenue rose from $25.6 million in 2013 to $31.0 million in 2014 and second quarter Net Loss declined from $0.81 million in 2013 to $0.66 million in 2014.

Then on November 3, 2014, Borderfree Inc reported its third quarter 2014 financial results. Among other things, Borderfree Inc announced that its third quarter Revenue rose from $23.2 million in 2013 to $31.3 million in 2014 and that its third quarter Net Loss declined from $2 million in 2013 to $0.89 million in 2014. Borderfree Inc also announced its financial outlook for the fourth quarter and full year 2014. Shares of Borderfree Inc (NASDAQ:BRDR) declined from $20 per share in March 2014 to as low as $6.60 per share on November 6, 2014.

On November 17, 2014, NASDAQ:BRDR shares closed at $8.59 per share.

Those who purchased shares of Borderfree Inc (NASDAQ:BRDR) 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