GPM Announces Investigation of ServiceSource International, Inc.
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LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of investors of ServiceSource International, Inc. ("ServiceSource" or the “Company”) (NASDAQ: SREV) concerning the Company’s and its officers’ possible violations of federal securities laws.
ServiceSource International, Inc. provides recurring revenue management, maintenance, support, and subscription for technology and technology-enabled healthcare and life sciences companies. The investigation concerns whether defendants made allegedly false and misleading statements regarding the Company's business, operations, and management which caused the stock price to inflate, allowing certain insiders to sell their ServiceSource stock at artificially-inflated prices; and, in addition whether Mike Smerklo, President and CEO of ServiceSource, obtained millions of dollars in cash bonuses and other perks as a result of the alleged fraud. GPM is preparing a complaint to recover damages on behalf of ServiceSource investors that have been damaged by the defendants’ alleged fraud.
If you purchased shares of ServiceSource prior to May 1, 2014, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150720006446/en/
Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
[email protected]
www.glancylaw.com
Source: Glancy Prongay & Murray LLP
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