May 1, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Installed Building Products Inc (NYSE:IBP) shares over potential securities laws violations by Installed Building Products 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 Installed Building Products Inc (NYSE:IBP) concerning whether a series of statements by Installed Building Products regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Installed Building Products Inc (NYSE:IBP) went public in February 2014.

On February 18, 2015 Installed Building Products Inc reported its fourth quarter and full year 2014 financial results. Installed Building Products Inc reported that its annual Total Revneue rose from $431.93 million in 2013 to $518.02 million in 2014 and that its Net Income of $6.64 million in 2013 increased to $13.93 million in 2014.

Shares of Installed Building Products Inc (NYSE:IBP) grew from $11.10 per share in August 2014 to as high as $23.71 per share on April 17, 2015, respectively April 28, 2015.

Then on April 29, 2015, an article was published which alleged that numerous red flags exist at Installed Building Products Inc, including: 'misrepresented financials, subtle alterations of earnings definitions, overstated cash flow, related party conflicts of interest, margin goals that appear disconnected from the company's economic model, heretofore poorly disclosed litigation accusing the company of systematically under-reporting hours worked and violating Fair Labor Standards Acts, and earnings estimates that have consistently been revised lower.'

Shares of Installed Building Products Inc (NYSE:IBP) declined to as low as $20.72 per share on April 29, 2015.