San Diego, CA -- (SBWIRE) -- 05/18/2016 -- An investigation on behalf of investors of CPI Card Group Inc over potential securities laws violations by Littleton, CO based CPI Card Group in connection certain financial statements was announced.

Investors who purchased shares of CPI Card Group Inc (NASDAQ:PMTS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of CPI Card Group Inc (NASDAQ:PMTS) concerning whether a series of statements by CPI Card Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

CPI Card Group Inc reported that its annual total Revenue rose from $261.01 million in 2014 to $374.11 million in 2015 and that its Net Income increased from $13.30 million in 2014 to $30.86 million in 2015.

On May 11, 2016, CPI Card Group Inc reported its first quarter 2016 results and revised its fully year 2016 financial outlook. Shares of CPI Card Group Inc (NASDAQ:PMTS) declined from $7.85 per share on May 11, 016 to $3.81 per share on May 13, 2016.

Those who purchased shares of CPI Card Group Inc 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