August 3, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Investment Technology Group (NYSE:ITG) shares over potential securities laws violations by Investment Technology Group 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 Investment Technology Group (NYSE:ITG) concerning whether a series of statements by Investment Technology Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Investment Technology Group reported that its annual Total Revenue rose from $504.44 million in 2012 to $559.81 million in 2014 and that its Net Loss of $247.86 million in 2012 turned into a Net Income of $50.89 million in 2014.

Shares of Investment Technology Group (NYSE:ITG) grew from $7.86 per share in November 2012 to as high as $31.64 per share in April 2015.

On July 29, 2015, Investment Technology Group announced that it negotiated a potential settlement with Securities and Exchange Commission (SEC) related to how it ran its private stock trading venue or dark pool. Based on the terms of the potential settlement, Investment Technology Group would pay an aggregate amount of $20.3 million, which represents a civil penalty of $18 million, disgorgement of approximately $2.1 million in trading revenues and prejudgment interest of approximately $250,000.

Shares of Investment Technology Group (NYSE:ITG) declined on July 30, 2015, to as low as $17.84 per share.