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Bridgeline Digital Inc (NASDAQ:BLIN) Investor Investigation Announced

  • If you purchased shares of Bridgeline Digital Inc (NASDAQ:BLIN), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Bridgeline Digital Inc
Security
NASDAQ: BLIN

Summary

May 27, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of Bridgeline Digital Inc (NASDAQ:BLIN) was announced over potential breaches of fiduciary duties by certain officers and directors at Bridgeline Digital Inc.

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

Bridgeline Digital Inc reported that its Total Revenue declined from $19.22 million for the 12 months period that ended on September 30, 2015 to $15.89 million for the 12 months period that ended on September 30, 2016 and that its Net Loss for those respective time periods declined from $16.77 million to $7.82 million.

Shares of Bridgeline Digital Inc (NASDAQ:BLIN) declined from $1.83 per share in June 2015 to $0.453 per share in November 2016.

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