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Tibco Software Inc. Investor Alert: Investigation
An investigation for investors in Tibco Software Inc. shares over potential securities laws violations was announced and NASDAQ-TIBX stockholders should contact the Shareholders Foundation at email@example.com
If you purchased shares of Tibco Software Inc. , you have certain options and you should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tibco Software Inc. concerning whether a series of statements by Tibco Software Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Tibco Software Inc. reported that its Total Revenue rose from $621.39 million for the 12 months period that ended on Nov. 30, 2009 to $920.25 million for the 12 months period that ended on Nov. 30, 2011 and that its Net Income over the respective time periods increased from $62.30 million to $112.41 million.
Shares of Tibco Software Inc. grew from as low as $4.67 per share in February 2009 to as high as $32.60 per share in September 2012.
Then on December 4, 2012, after the market closed, Tibco Software Inc. reported its preliminary fourth quarter results.
Shares of Tibco Software Inc. declined from $24.77 per share on Dec. 4, 2012, to as low as $19.04 per share on December 5, 2012.
On December 11, 2012, NASDAQ-TIBX shares closed at $20.80 per share, which is significantly below its current 52 week High.
Those who purchased shares of Tibco Software Inc. , have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554