San Diego, CA -- (SBWIRE) -- 08/03/2015 -- An investor in NASDAQ:SREV shares filed a lawsuit in the U.S. District Court for the Northern District of California over alleged violations of Federal Securities Laws by Servicesource International Inc.

Investors who purchased shares of Servicesource International Inc (NASDAQ:SREV) have certain options and for certain investors are short and strict deadlines running. Deadline: September 8, 2015. NASDAQ:SREV investors should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Servicesource International Inc (NASDAQ:SREV) common shares between January 22, 2014 and May 1, 2014, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 22, 2014 and May 1, 2014, Defendants including Mike Smerklo, President and CEO of Servicesource International, deceived the investing public regarding ServiceSource's business, operations and management and the intrinsic value of ServiceSource common stock, allowed Smerklo and certain Company insiders to collectively sell their personally held ServiceSource common stock for millions of dollars in proceeds, allowed Smerklo to obtain millions of dollars in cash bonuses and other perks for fiscal 2012, and caused plaintiff and other investors to purchase Servicesource International common stock between January 22, 2014 and May 1, 2014 at artificially inflated prices.

On July 30, 2015, NASDAQ:SREV shares closed at $5.14 per share.

Those who purchased shares of Servicesource International Inc (NASDAQ:SREV) 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