Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of CPI Card Group Inc (NASDAQ: PMTS) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of CPI Card Group Inc (NASDAQ: PMTS) concerning whether a series of statements by CPI Card Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On May 11, 2016, CPI Card Group revealed disappointing financial results for the first quarter ended March 31, 2016, which fell below market expectations. The Company's President and CEO, Steve Montross stated “primary impact resulting from lower than expected EMV card shipments”.

On this news, NASDAQ: PMTS shares dropped more than 44% on intraday trading on May 12, 2016.

Based in Littleton, Colorado, and founded in 2007 CPI Card Group Inc engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards.

If you purchased shares of CPI Card Group Inc (NASDAQ: PMTS) on or before May 11, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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