An investigation for shareholders in Rambus Inc. (NASDAQ:RMBS) shares over potential securities laws violations by Rambus was announced and NASDAQ:RMBS stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/10/2015 -- An investigation on behalf of shareholders in NASDAQ:RMBS shares over potential securities laws violations by Rambus and certain of its directors and officers was announced.
Investors who purchased shares of Rambus Inc. (NASDAQ:RMBS), have certain options and should contact the Shareholders Foundation at email@example.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 Rambus Inc. (NASDAQ:RMBS) concerning whether a series of statements by Rambus regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Rambus Inc. reported that its annual Total Revenue rose from $234.05 million in 2012 to $296.56 million in 2014 and that its Net Loss of $134.34 million in 2012 turned into a Net Income of $26.20 million in 2014. Shares of Rambus Inc. (NASDAQ:RMBS) reached $15.29 per share in May 2015.
On October 19, 2015, Rambus Inc. announced its third quarter financial results and issued its fourth quarter 2015 outlook. Shares of Rambus Inc. (NASDAQ:RMBS) declined from $14.07 pe share during October 19, 2015 to as low as $9.86 per share on October 20, 2015.
On November 9, 2015, NASDAQ:RMBS shares closed at $11.17 per share.
Those who purchased shares of Rambus Inc. (NASDAQ:RMBS) have certain options and should contact the Shareholders Foundation.
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