Shareholders Foundation, Inc.

RealPage, Inc. (NASDAQ:RP) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in RealPage, Inc. (NASDAQ:RP) shares over potential securities laws violations by RealPage was announced and NASDAQ:RP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 07/21/2014 -- An investigation on behalf of investors of RealPage, Inc. (NASDAQ:RP) shares over potential securities laws violations by RealPage and certain of its directors and officers in connection certain financial statements was announced.

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

On February 24, 2014, RealPage, Inc. reported its fully year and fourth quarter 2013 financial results.

RealPageā€™s annual Total Revenue rose from $322.17 million in 2012 to $377.02 million in 2013 and that its Net Income increased from $5.18 million in 2012 to $20.69 million in 2013.

Shares of RealPage, Inc. (NASDAQ:RP) grew from $16.03 per share on February 24, 2014 to as high as $22.82 per share on July 3, 2014.

Then on July 17, 2014 RealPage, Inc. announced its preliminary second quarter 2014 financial results. Shares of RealPage, Inc. (NASDAQ:RP) dropped from $22.03 per share on July 17, 2014 to as low as $15.71 per share on July 18, 2014.

On July 18, 2014, NASDAQ:RP shares closed at $16.68 per share.

Those who purchased shares of RealPage, Inc. (NASDAQ:RP), 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