April 14, 2014 (Shareholders Foundation) - An investigation on behalf of investors of Datawatch Corporation (NASDAQ:DWCH) shares over potential securities laws violations by Datawatch. 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 Datawatch Corporation (NASDAQ:DWCH) concerning whether a series of statements by Datawatch regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Datawatch Corporation reported that its Total Revenue increased from $26.01 million for the 12 months period that ended on Sept. 30, 2012 to $30.30 million for the 12 months period that ended on Sept. 30. 2013, while its Net Income of $1.03 million for the 12 months period that ended on Sept. 30, 2012 fell to a Net Loss of $4.20 million for the 12 months period that ended on Sept. 30, 2013. Shares of Datawatch Corporation (NASDAQ:DWCH) grew from $5.96 per share in early 2012 to as high as $37.85 per share in late 2013.

Then on April 10, 2014, Datawatch Corporation announced itspreliminary Second Quarter 2014 Fiscal Financial Results. Shares of Datawatch Corporation declined from $23 per share on April 10, 2014, to $13.51 per share on April 11, 2014.

On April 14, 2014, NASDAQ:DWCH closed at $13.92 per share.