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RealPage, Inc. (NASDAQ:RP) Investor Investigation Over Potential Securities Laws Violations

  • If you purchased shares of RealPage, Inc. (NASDAQ:RP), 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
RealPage, Inc.
Security
NASDAQ: RP

Summary

July 18, 2014 (Shareholders Foundation) - An investigation on behalf of investors of RealPage, Inc. (NASDAQ:RP) shares over potential securities laws violations by RealPage 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 RealPage, Inc. (NASDAQ:RP) concerning whether a series of statements by RealPage regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On February 24, 2014, RealPage, Inc. reported its fully year and fourth quarter 2013 financial results.
RealPages annual Total Revenue rose from $322.17 million in 2012 to $377.02 million in 2013 and that its Net Income increased from $5.18 million in 2012 to $20.69 million in 2013.

Shares of RealPage, Inc. (NASDAQ:RP) grew from $16.03 per share on February 24, 2014 to as high as $22.82 per share on July 3, 2014.

Then on July 17, 2014 RealPage, Inc. announced its preliminary second quarter 2014 financial results. Shares of RealPage, Inc. (NASDAQ:RP) dropped from $22.03 per share on July 17, 2014 to as low as $15.71 per share on July 18, 2014.

On July 18, 2014, NASDAQ:RP shares closed at $16.68 per share.

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