An investigation on behalf of investors in Apigee Corp (NASDAQ:APIC) shares over potential wrongdoing at Apigee Corp was announced and NASDAQ:APIC stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/16/2016 --An investigation for shareholders in Apigee Corp (NASDAQ:APIC) was announced over potential breaches of fiduciary duties by certain officers and directors at Apigee.

Investors who purchased shares of Apigee Corp (NASDAQ:APIC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

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

On April 24, 2015, Apigee's stock traded as high as $20.50, the same day Apigee Corp sold 5.1 million shares of stock in its initial public stock offering (the "IPO"), raising $87 million in new capital.

On September 9, 2015, Apigee Corp announced its fourth quarter results. Apigee Corp reported that its Total Revenue rose from $52.70 million for the 12 months period that ended on July 31, 2014 to $68.61 million for the 12 months period that ended on July 31, 2015 and that its Net Loss for those respective time periods declined from $60.79 million to $50.35 million.

Those who purchased shares of Apigee Corp (NASDAQ:APIC) 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