San Diego, CA -- (SBWIRE) -- 03/20/2017 -- An investigation was announced for investors of XO Group Inc (NYSE:XOXO) shares over potential securities laws violations by XO Group Inc in connection certain financial statements.
Investors who purchased shares of XO Group Inc (NYSE:XOXO), have certain options and should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of XO Group Inc (NYSE:XOXO) concerning whether a series of statements by XO Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 13, 2017, XO Group Inc filed its annual report with the Securities and Exchange Commission ("SEC"). XO Group Inc revealed that it had identified a material weakness in its internal control over financial reporting and said that the material weakness related to its controls over national online revenue recognition.
On March 17, 2017, NYSE:XOXO shares closed at $17.21 per share.
Those who purchased shares of XO Group Inc have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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