February 20, 2014 (Shareholders Foundation) - An investigation on behalf of investors of Jive Software Inc (NASDAQ:JIVE) shares over potential securities laws violations by Jive Software 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 Jive Software Inc (NASDAQ:JIVE) concerning whether a series of statements by Jive Software regarding its business, its prospects and its operations were materially false and misleading at the time they were made. More specifically, the investigation focuses on whether Jive Software Inc potentially failed to disclose that its fourth quarter operating losses were dramatically increasing as a result of substantial increased spending on marketing and sales, while at the same time it was suffering a dramatic decrease in new customer growth, despite the increased spending on sales and marketing.

Jive Software Inc reported that its annual Total Revenue rose from $46.27 million in 2010 to $145.76 million in 2013, while its Net loss over those time periods increased from $27.64 million to $75.37 million.

Shares of Jive Software Inc declined from $27.16 per share in March 2012 to $7.20 per share in February 12, 2014.

On February 20, 2014, NASDAQ:JIVE shares closed at $8.04 per share, which is significantly below its current 52 week High of $18.48 per share.