March 28, 2017 (Shareholders Foundation) - An investigation on behalf of investors of The Rubicon Project Inc (NYSE:RUBI) shares over potential securities laws violations by The Rubicon Project 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 The Rubicon Project Inc (NYSE:RUBI) concerning whether a series of statements by The Rubicon Project Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Los Angeles, CA based The Rubicon Project, Inc. offers a technology solution to automate the purchase and sale of advertising for both buyers and sellers. The Rubicon Project Inc reported that its annual Total Revenue rose from $248.48 million in 2015 to $278.22 million in 2016 and that its Net Income of $0.42 million in 2015 declined to a Net Loss of $18.05 million.

Shares of The Rubicon Project Inc (NYSE:RUBI) declined from $20.18 per share in April 2016 to as low as $5.39 per share on March 28, 2017.