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Model N Inc (NYSE:MODN) Investor Investigation Concerning Potential Securities Laws Violations

  • If you purchased shares of Model N Inc (NYSE:MODN), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Model N Inc
Security
NYSE: MODN

Summary

September 16, 2013 (Shareholders Foundation) - An investigation on behalf of investors of Model N Inc (NYSE:MODN) shares over potential securities laws violations by Model N Inc 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 Model N Inc (NYSE:MODN) concerning whether a series of statements Model N Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Model N Inc reported that its Total Revenue rose from $50.44 million for the 12 months period that ended on Sept. 30, 2009 to $84.26 million for the 12 months period that ended on Sept. 30, 2012.


Shares of Model N Inc (NYSE:MODN) traded in July 2013 as high as $24.41 per share.

Then on September 9, 2013. Model N Inc provided a business update and preliminary guidance for its first quarter and its full year fiscal 2014.

Shares of Model N Inc (NYSE:MODN) declined from $15.15 per share on September 9, 2013 to $9.50 per share on Sept. 10, 2013.

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