San Diego, Aug 15, 2011 (Shareholders Foundation) -- An investigation on behalf of investors in shares of Primo Water Corporation (NASDAQ:PRMW) over possible Violations of Securities Laws by Primo Water Corp. and others was announced.

The investigation by a law firm focuses on possible NASDAQ:PRMW shareholder claims based on potential violations of the federal securities laws. Specifically the investigation concerns whether Primo Water Corporation or others may have violated securities laws by issuing a series of statements regarding its business, its prospects and its operations that were materially false and misleading at the time they were made.

Even though Primo Waters annual Revenue increased from $13.45million in 2007 to $46.98million in 2009, its 12months Total Revenue fell in 2010 to $44.61million. Additionally Primo Waters Net Loss rose from $5.92million in 2009 to $9.48million in 2010.

Shares of Primo Water Corporation (Public, NASDAQ:PRMW) traded on August 3, 2011 as high as $15.76 per share and fell on August 10, 2011 to a close of $5.40 after Primo Water Corporation announced financial results for the second quarter ended June 30, 2011.

Even though Primo Water Corporation reported that its total net sales increased 70% to $20.7 million in the second quarter 2011 from $12.2 million in the second quarter of 2010, Primo Water Corp. missed its Second Quarter guidance with a range of $24.0 to $25.5 million