ServiceSource International, Inc. (NASDAQ: SREV) Investor Investigation Over Possible Securities Laws Violations Announced

Investors who purchased shares of ServiceSource International, Inc. (NASDAQ: SREV), have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Servicesource
Affected Securities: 
NASDAQ: SREV

An investigation on behalf of investors of ServiceSource International, Inc. (NASDAQ: SREV) shares over potential securities laws violations by ServiceSource International, Inc. 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 ServiceSource International, Inc. (NASDAQ: SREV) concerning whether a series of statements by ServiceSource International, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Denver, CO based ServiceSource International, Inc. provides recurring revenue management, maintenance, support, and subscription for technology and technology-enabled healthcare and life sciences companies. ServiceSource International, Inc. reported that its annual Total Revenue declined from $252.88 million in 2016 to $239.12 million in 2017 and that its Net Loss declined from $32.12 million in 2016 to $29.84 million in 2017.

Shares of ServiceSource International, Inc. (NASDAQ: SREV) grew to as high as $4.24 per share in May 2018.

On October 18, 2018, ServiceSource International, Inc announced its preliminary third quarter 2018 financial results and revised its full-year revenue guidance. That same day, ServiceSource International, Inc disclosed the resignation of its Chief Financial Officer (“CFO”), Robert Pinkerton.

Shares of ServiceSource International, Inc. (NASDAQ: SREV) declined to a slow as $1.35 per share on October 19, 2018.