BOULDER, Colo.--(BUSINESS WIRE)--The Shuman Law Firm today announced that it is investigating potential claims against certain officers and directors of CIBER, Inc. ("CIBER" or the "Company") (NYSE: CBR). Colorado-based CIBER operates in the information technology consulting and outsourcing field.
The Firm’s investigation focuses on whether certain individuals violated federal securities laws and Colorado law by failing to disclose that: (1) CIBER failed to properly evaluate the financial impact of its legacy contracts and the performance of its North American operations; (2) the Company’s unprofitable legacy fixed-price contracts would drag down the Company’s revenues and earnings; and (3) declining sales in the Company’s North American division would continue throughout the 2011 transitional period and adversely affect CIBER’s 2011 financial results.
If you currently own CIBER common stock and are interested in discussing your rights as a shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll-free at (866) 974-8626 or by email at kip@shumanlawfirm.com or rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative actions.