An investigation for investors in NASDAQ:EPAY shares over potential securities laws violations was announced and NASDAQ:EPAY stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 05/06/2016 --An investigation on behalf of investors of Bottomline Technologies (NASDAQ:EPAY) shares over potential securities laws violations in connection certain financial statements was announced.

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

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Bottomline Technologies (NASDAQ:EPAY) concerning whether certain statements regarding Bottomline Technologies' business, its prospects and its operations were materially false and misleading at the time they were made.

Bottomline Technologies reported that its total Revenue rose from $300.58 million for the 12 months period that ended on June 30, 2014 to $330.89 million for the 12 months period that ended on June 30, 2015, while its Net Loss for those respective time periods increased from $19.10 million to $34.68 million.

On April 28, 2016, after the market closed, Bottomline Technologies reported its third quarter results.

Shares of Bottomline Technologies (NASDAQ:EPAY) dropped from $30.37 per share on April 28, 2016 to as low as $2.06 per share on April 29, 2016.

On May 5, 2016, NASDAQ:EPAY shares closed at $24.62 per share.

Those who purchased shares of Bottomline Technologies 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