An investigation on behalf of investors of INC Research Holdings Inc (NASDAQ:INCR) shares over potential securities laws violations by INC Research Holdings and certain of its directors and officers in connection with certain financial statements was announced.

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

Raleigh, NC based INC Research Holdings, Inc. is a global contract research organization (CRO). INC Research Holdings Inc reported that its annual Total Revenue rose from over $1.39 billion in 2015 to over $1.61 billion in 2016 and that its Net Income declined from $117.05 million in 2015 to $112.63 million in 2016.

Shares of INC Research Holdings Inc (NASDAQ:INCR) rose to as high as $60.65 per share in June 2017.

On November 9, 2017, INC Research Holdings Inc reported its third quarter 2017 results. INC Research Holdings Inc reported a loss for the three and nine months ended September 30, 2017. INC Research Holdings Inc generated a loss from operations of $88.9 million and $43.9 million, respectively, compared to income from operations of $39.4 million and $111.6 million for the three and nine months ended September 30, 2016. INC Research Holdings Inc stated that the operating results for the three and nine months ended September 30, 2017, was impacted mainly by merger-related transaction expenses.

Shares of INC Research Holdings Inc (NASDAQ:INCR) declined to as low as $38.25 per share on November 10, 2017.