San Diego, Jan. 25, 2012 (Shareholders Foundation) -- An investigation on behalf of investors in shares of Concur Technologies, Inc. (NASDAQ:CNQR) over potential breaches of fiduciary duties by certain officers and directors of Concur Technologies in connection with the executive compensation practices was announced.

The investigation by a law firm focuses certain compensation and corporate governance matters involving certain of the Company's executive officers and directors.
Concur Technologies, Inc. reported that its Total Revenue rose from $215.49million ending for a 12months period on Sept. 30, 2008 to $349.49million for a 12months period ending on Sept. 30, 2011, however its Net Income fell over the same time frames from $17.18million to a Net Loss of $10.74million.

Shares of Concur Technologies, Inc. (Public, NASDAQ:CNQR) rose from as low as $18.20 per share in March 09 to over $57 per share in April 2011. However, NASDAQ CNQR stocks fell during 2011 to as low as $34.50 on August 19, 2011.

Despite its decrease in Net Income the CEOs total compensation rose from $2.63million in 2009 to $5.49million in 2010, the CFOs pay rose from $1.92million in 2010 to $2.52million in 2011, and its COOs total compensation increased from $2.18million in 2009 to $4.66million in 2011.

Shareholders will hold an advisory vote on the compensation of executive officers on the annual shareholder meeting of Concur Technologies on March 14, 2012.