An investigation on behalf of investors in Payment Data Systems, Inc. (OTCMKTS:PYDS) shares over potential wrongdoing at Payment Data Systems, Inc. was announced and OTCMKTS:PYDS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWire) -- 06/17/2015 --An investigation for current long-term investors in OTCMKTS:PYDS shares was announced over potential breaches of fiduciary duties by certain officers and directors at Payment Data Systems.

Investors who purchased shares of Payment Data Systems, Inc. (OTCMKTS:PYDS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Payment Data Systems officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Payment Data Systems, Inc. reported that its annual Total Revenue rose from $5.18 million in 2013 to $13.40 million in 2014 and that its Net Loss of $0.79 million in 2013 turned into a Net Income of $3.84 million in 2014. Shares of Payment Data Systems, Inc. (OTCMKTS:PYDS) grew from $0.055 per share in October 2013 to as high as $0.41 per share in March 2015.

On June 15, 2015, OTCMKTS:PYDS shares closed at $0.26 per share.

Those who purchased shares of Payment Data Systems, Inc. (OTCMKTS:PYDS), 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