Shareholders Foundation, Inc.

Wireless Ronin Technologies, Inc. (NASDAQ:RNIN) Investor Alert: Investigation Announced

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

 

San Diego, CA -- (ReleaseWire) -- 05/29/2013 -- An investigation on behalf of investors of Wireless Ronin Technologies, Inc. (NASDAQ:RNIN) shares over potential securities laws violations by Wireless Ronin Technologies and certain of its directors and officers in connection certain financial statements was announced.

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

Wireless Ronin Technologies, Inc. reported that its annual Total Revenue declined from $9.27 million in 2011 to $6.70 million in 2012 while its Net Loss declined from $6.74 million in 2011 to $5.41 million in 2012.

On May 23, 2013, Wireless Ronin Technologies, Inc. announced that it has been notified by the NASDAQ Stock Market (NASDAQ) that trading in the Company's securities will be suspended on NASDAQ effective with the open of trading on May 31, 2013.

Shares of Wireless Ronin Technologies, Inc. (NASDAQ:RNIN) declined from $1.46 per share on May 23, 2013, to $0.97 per share on May 24, 2013.

On May 28, 2013, NASDAQ:RNIN shares closed at $1.02 per share.

Those who purchased shares of Wireless Ronin Technologies, Inc. (NASDAQ:RNIN), 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