Shareholders Foundation, Inc.

Marin Software Inc (NYSE:MRIN) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in Marin Software Inc (NYSE:MRIN) shares over potential securities laws violations by Marin Software Inc was announced and NYSE:MRIN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 05/14/2013 -- An investigation on behalf of investors of Marin Software Inc (NYSE:MRIN) shares over potential securities laws violations by Marin Software Inc and certain of its directors and officers in connection certain financial statements was announced.

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

Marin Software Inc reported that its annual Total Revenue rose from $7.53 million in 2009 to $59.56 million in 2012. However, its Net loss increased over the respective time frame from $9.71 million to $26.48 million,

On March 22, 2013 Marin Software Inc went public, selling 7.5 Million shares at a price of 14 Dollars per share.

Shares of Marin Software Inc rose on May 26, 2013, to $17.04 per share.

Then on May 8, 2013, Marin Software Inc announced its financial results for the first quarter 2013 that ended on March 31, 2013. Among other things, Marin Software Inc also issued its second quarter and fully year guidance.

Shares of Marin Software Inc declined from $14.39 on May 9, 2013 to $9.41 per share on May 13, 2013.

Those who purchased shares of Marin Software Inc (NYSE:MRIN), have certain options and should contact the Shareholders Foundation.

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