Bazaarvoice Inc (NASDAQ:BV) Stockholder Alert: Investigation

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

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San Diego, CA -- (SBWire) -- 01/14/2013 --An investigation on behalf of investors of Bazaarvoice Inc (NASDAQ:BV) shares was announced over potential securities laws violations by Bazaarvoice Inc and certain of its directors and officers in connection certain financial statements.

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

Bazaarvoice Inc (NASDAQ:BV) reported that its Total Revenue rose from $22.47 million for the 12 months period that ended on April 30, 2009 to $106.14 million for the 12 months period that ended on April 30, 2012.

Then on Jan. 10, 2013, U.S. Justice Department said it filed a civil antitrust lawsuit challenging the June 2012 acquisition by Bazaarvoice Inc of its main rival PowerReviews Inc.

Shares of Bazaarvoice Inc (NASDAQ:BV) dropped from $8.97 per share on Jan. 10, 2013 to $6.54 per share in Jan. 11, 2013.

Those who purchased shares of Bazaarvoice Inc (NASDAQ:BV) 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

Media Relations Contact

Trevor Allen
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/195697