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

San Diego, CA -- (SBWire) -- 11/25/2013 --An investigation on behalf of investors of Violin Memory Inc (NYSE:VMEM) shares over potential securities laws violations by Violin Memory. and certain of its directors and officers in connection certain financial statements was announced .

If you purchased shares of Violin Memory Inc (NYSE:VMEM), you have certain options and you 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 Violin Memory Inc (NYSE:VMEM) concerning whether a series of statements by Violin Memory regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Violin Memory Inc reported that its Total Revenue rose from $11.40 million for the 12 months period that ended on Jan. 31, 2011 to $73.80 million for the 12 months period that ended on Jan. 31, 2013, and that its respective Net Loss increased from $16.74 million to $109.10 million.

Violin Memory Inc went public on September 27, 2013.

Shares of Violin Memory Inc (NYSE:VMEM) reached $7.85 per share in early October 2013 and traded for the most part of October over $7 and during the first half of November 2013 around $6 per share.

Then on November 21, 2013, Violin Memory Inc announced its financial results for the third fiscal quarter that ended on October 31, 2013. Among other things, Violin Memory Inc issued its guidance for its fiscal 2014 fourth quarter.

Shares of Violin Memory Inc (NYSE:VMEM) declined from $6.20 per share during November 21, 2013, to as low as $3.00 during November 22, 2013.

Those who purchased shares of Violin Memory Inc 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