An investigation on behalf of investors of Nuance Communications, Inc. (NASDAQ: NUAN) shares over potential securities laws violations by Nuance Communications, Inc. (NASDAQ: NUAN) and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Nuance Communications, Inc. (NASDAQ: NUAN) concerning whether a series of statements by Nuance Communications, Inc. (NASDAQ: NUAN regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Burlington, MA based Nuance Communications, Inc. provides voice recognition and natural language understanding solutions worldwide. Nuance Communications, Inc. reported that its Total Revenue rose from over $1.93 billion for the 12 months period that ended on September 30, 2017 to over $2.05 billion for the 12 months period that ended on September 30, 2018 and that its Net Loss increased from $150.99 million to $159.92 million over those time periods.

Shares of Nuance Communications, Inc. (NASDAQ: NUAN) declined from as high as $17.88 per share in early November 2018 to as low as $14.95 per share on December 11, 2018.