San Diego, CA -- (SBWIRE) -- 08/08/2012 -- An investigation on behalf of investors of Digital River, Inc. (NASDAQ:DRIV) shares over potential securities laws violations by Digital River, Inc. and certain of its directors and in connection with certain statements was announced.

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

Digital River, Inc. (NASDAQ:DRIV) reported that its annual Revenue rose from $363.23million in 2010 to $398.14million in 2011 and its Net Income increased from $15.73million in 2010 to $17.17million in 2011.

On July 31, 2012, after the market closed, Digital River, Inc. (NASDAQ:DRIV) reported its second quarter 2012 financial results and issued its guidance for its third quarter and Full year 2012.

Shares of Digital River, Inc. (NASDAQ:DRIV) dropped from $17.78 per share on July 31, 2012, to as low as $13.00 per share on August 1, 2012.

On August 3, 2012, NASDAQ:DRIV shares closed at $14.44 per share, significantly below its current 52 week High of $25.90 per share.

Those who purchased shares of Digital River, Inc. (NASDAQ:DRIV) and currently hold those Digital River, Inc. shares, may 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