An investigation for investors in Insulet Corporation (NASDAQ:PODD) shares over potential securities laws violations by Insulet was announced and NASDAQ:PODD stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/05/2015 -- An investigation on behalf of investors of Insulet Corporation (NASDAQ:PODD) shares over potential securities laws violations by Insulet and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Insulet Corporation (NASDAQ:PODD) 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 Insulet Corporation (NASDAQ:PODD) concerning whether a series of statements by Insulet regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Insulet Corporation reported that its annual Total Revenue rose from $152.25 million in 2011 to $288.72 million in 2014.
Shares of Insulet Corporation (NASDAQ:PODD) $15.22 per share in September 2011 to as high as $49.84 per share in March 2014, respectively $46.56 per share in December 2014.
On April 30, 2015, Insulet Corporation reported its first quarter 2015 financial results. Among other things, Insulet Corporation also reaffirmed its revenue guidance for 2015 and said that for the second quarter of 2015, it is expecting revenue to be in the range of $67 to $70 million.
Shares of Insulet Corporation (NASDAQ:PODD) declined to as low as $25.00 per share on May 1, 2015.
Those who purchased shares of Insulet Corporation (NASDAQ:PODD) 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