Shareholders Foundation, Inc.

ValueVision Media Inc (NASDAQ:VVTV) Investor Alert: Investigation over Possible Violations of Securities Laws

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

 

San Diego, CA -- (ReleaseWire) -- 01/13/2014 -- An investigation on behalf of investors of ValueVision Media Inc (NASDAQ:VVTV) shares over potential securities laws violations by ValueVision Media and certain of its directors and officers in connection certain financial statements was announced.

If you purchased shares of ValueVision Media Inc (NASDAQ:VVTV), you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain statements regarding ValueVision Media Inc’s business, its prospects and its operations were materially false and misleading at the time they were made.

ValueVision Media Inc reported that its Total Revenue increased from $558.39 million for the 12 months period that ended on Jan. 28, 2012 to $586.82 million for the 12 months period that ended on Feb. 2, 2013 and that its respective Net Loss declined from $48.06 million to $27.68 million.

NASDAQ:VVTV shares grew from $1.54 per share in May 2012 to as high as $6.18 per share in July 2013.

However, shares of ValueVision Media Inc reached $8.25 per share in July 2011.

Those who purchased shares of certain ValueVision Media Inc (NASDAQ:VVTV) have certain options and should contact the Shareholders Foundation.

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