August 25, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Web.com Group Inc (NASDAQ:WWWW) shares over potential securities laws violations by Web.com Group 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 Web.com Group Inc (NASDAQ:WWWW) concerning whether a series of statements by Web.com Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Web.com Group Inc reported that its annual Total Revenue rose from $407.65 million in 2012 to $543.94 million in 2014 and that its respective Net Loss declined from $122.22 million to $12.46 million.

Shares of Web.com Group Inc (NASDAQ:WWWW) grew from $14.75 per share in January 2015 to as high as $25.30 per share on August 3, 2015.

On August 18, 2015, Web.com, (Nasdaq:WWWW) reported that it discovered an unauthorized breach of one of its computer systems on August 13, 2015 and that as the result of this attack, the credit card information of approximately 93,000 customers (of the company's over 3.3 million customers) may have been compromised. Shares of Web.com Group Inc (NASDAQ:WWWW) declined to as low as $20.25 per share on August 19, 2015.