San Diego, CA -- (SBWIRE) -- 10/02/2013 -- An investigation on behalf of investors of JTH Holding Inc (NASDAQ:TAX) shares over potential securities laws violations by JTH Holding Inc and certain of its directors and officers in connection certain financial statements was announced.

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

JTH Holding Inc reported that its Total Revenue rose from $79.38 million for the 12 months period that ended on April 30, 2009 to $109.10 million for the 12 months period that ended on April 30, 2012 and that its respective Net Income rose from $12.08 million to $17.41 million.

Shares of JTH Holding Inc (NASDAQ:TAX) grew from $9.05 per share in August 2012 to as high as $18.98 per share on July 23, 2013.

On July 23, 2013, JTH Holding Inc announced that it will postpone the release of its financial results for the year ended April 30, 2013 and that it intends to file a Form 12b-25 (Notification of Late Filing) with the U.S. Securities and Exchange Commission (the “SEC”) with regard to its Annual Report on Form 10-K for the year ended April 30, 2013 which is required to be filed with the SEC on or before July 29, 2013.

NASDAQ:TAX shares declined from almost $19 on July 23, 2013, to $16.36 per share in late August 2013.

On Oct. 1, 2013, shares of JTH Holding Inc (NASDAQ:TAX) closed at $18.98 per share.

Those who purchased shares of JTH Holding Inc (NASDAQ:TAX), have certain options and should contact the Shareholders Foundation.

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