October 20, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Marriott Vacations Worldwide Corp (NYSE:VAC) shares over potential securities laws violations by Marriott Vacations Worldwide 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 Marriott Vacations Worldwide Corp (NYSE:VAC) concerning whether a series of statements by Marriott Vacations Worldwide regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Marriott Vacations Worldwide Corp reported that its annual Total Revenue rose from over $1.62 billion for the 52 weeks period that ended on December 30, 2011 to over $1.73 billion for the 52 weeks period that ended on January 2, 2015 and that its Net Loss of $172.00 million turned into a Net income of $81.00 million.

Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) grew from $17.16 per share in late 2011 to as high as $91.82 per share in July 2015.

On October 15, 2015, Marriott Vacations Worldwide Corp reported its third quarter 2015 financial results. Among other things, Marriott Vacations Worldwide Corp also updated its guidance for the companys contract sales growth (excluding residential) and its adjusted fully diluted earnings per share.

Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) declined on October 15, 2015, to as low as $60.28 per share.