April 07, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Bazaarvoice Inc (NASDAQ:BV) shares over potential securities laws violations by Bazaarvoice and certain of its directors and officers in connection certain financial statements was announced.

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

Bazaarvoice Inc reported that its Total Revenue increased from $146.81 million for the 12 months period that ended on April 30, 2013 to $168.15 million for the 12 months period that ended on April 30, 2014, and that its Net Loss for those respective time periods declined from $63.75 million to $63.17 million.

Shares of Bazaarvoice Inc (NASDAQ:BV) grew from $6.03 per share in May 2014 to as high as $9.25 per share in late February 2015.

Then on March 3, 2015, Bazaarvoice Inc announced its financial results for its third fiscal quarter of 2015. Shares of Bazaarvoice Inc (NASDAQ:BV) declined from over $9 per share in late February 2015 to as low as $5.66 per share on March 27, 2015.