San Diego, CA -- (SBWIRE) -- 12/03/2013 -- An investigation on behalf of investors in NASDAQ:VVTV shares was announced over potential breaches of fiduciary duties by certain officers and directors at ValueVision Media Inc.

Investors who are current long term stockholders in ValueVision Media Inc (NASDAQ:VVTV) shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

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

ValueVision Media Inc reported that its Total Revenue increased from $558.39 million for the 12 months period that ended on Jan. 28, 2012 to $586.82 million for the 12 months period that ended on Feb. 2, 2013 and that its respective Net Loss declined from $48.06 million to $27.68 million.

Shares of ValueVision Media Inc grew from $1.54 per share in May 2012 to as high as $6.18 per share in July 2013.

However, NASDAQ:VVTV shares reached $8.25 per share in July 2011.

Those who purchased shares of certain ValueVision Media Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com