Dec. 10, 2012 (Shareholders Foundation) -- An investigation on behalf of investors in shares of Groupon Inc (NASDAQ:GRPN), who purchased any of their NASDAQ:GRPN shares between May 2012 and November 2012, over potential securities laws violations by Groupon Inc was announced.

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

Groupon Inc reported that its annual Revenue rose from $312.94 million in 2010 to over $1.61 billion in 2011 and its Net Loss declined from $389.64 million to $279.49 million in 2011.

On Nov. 8, 2012, Groupon Inc (NASDAQ:GRPN) reported its third quarter 2012 results. Among other things, Groupon Inc reported that its third quarter Revenue rose from $430.16 million in 2011 to $568.55 million in 2012 and its third quarter Net Loss declined from $10.57 million in 2011 to $1.65 million in 2012.

Shares of Groupon Inc (NASDAQ:GRPN) declined from as high as $13.05 per share in May 2012 to as low as $2.63 per share on Nov. 13, 2012.