Roy Jacobs & Associates Investigating Bazaarvoice, Inc. for Possible
Violations of the Federal Securities Laws ("BV")
NEW YORK -- January 18, 2013
Roy Jacobs & Associates, a New York-based law firm representing investors
nationwide, is investigating possible securities law and related violations
involving Bazaarvoice, Inc. ("Bazaarvoice" or the "Company" NASDAQ: BV)
following the public announcement that the Company been sued by the Department
of Justice ("DOJ"). The Company, which went public in February 2012, is being
sued by the DOJ for alleged violations of the anti-trust laws arising from the
Company's June 2012 acquisition of PowerReviews Inc. The DOJ has alleged that
the $168.2 million transaction substantially lessened competition in the
market for product ratings and reviews platforms in the United States. A
successful DOJ suit could cause the merger to be undone or result in the
forced sale of significant Company assets.
For further information please contact Roy Jacobs & Associates toll-free at
888-884-4490 or by email to firstname.lastname@example.org.
News of the DOJ lawsuit shocked the market and the Company's stock price fell
by more than 25% in less than a week – dropping from $9.00 per share on
January 10, 2013 to close at $6.78 per share on January 16, 2013, trading at
its highest volume since the Company's initial public offering. The share
price has not recovered
Roy Jacobs & Associates' investigation seeks to determine, among other things,
whether Bazaarvoice or its officers and directors have violated the federal
securities laws or related state law. If you purchased Bazaarvoice shares
either in the offering or in the open market and have losses, whether or not
you sold your shares, please contact Roy Jacobs & Associates. Mr. Jacobs will
personally speak with you without any cost to you. Anyone who has information
related to these possible violations of law is encouraged to call Mr. Jacobs
to discuss the matter.
ROY JACOBS & ASSOCIATES
Roy L. Jacobs, Esq.
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