BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the common stock of Coupons.com, Inc. (“Coupons.com” or the “Company”) (NYSE:COUP) pursuant and/or traceable to the Company's March 7, 2014 Initial Public Offering ("IPO"). The investigation concerns the Company’s potentially untruthful and misleading statements made during its IPO and/or through its IPO offering documents; specifically, whether Coupons.com adequately disclosed that some of its largest customers were not repeating their contracts with the Company.
Coupons.com provides digital coupons, including online printable, social, mobile and loyalty card promotions in the United States. On February 9, 2015, the Company reported its financial results for the fourth quarter and full year ended December 31, 2014. Among other things, the Company reported sales that were below analysts’ expectations and weak financial guidance for first-quarter and full-year 2015. According to a Company press release, the fourth quarter was “slightly impacted by promotions revenue when a few large CPGs [consumer packaged goods companies] did not repeat December holiday campaigns they ran in 2013.” Following this news, Coupons.com shares fell 26%, or $3.76 per share, on February 10, 2015.
If you purchased common stock pursuant and/or traceable to the Coupons.com IPO you are encouraged to contact Howard Smith, Esquire to discuss your legal rights: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.
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