ATTENTION XOOM SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP is Investigating Potential Violations of the Federal Securities Laws by Xoom Corporation and Certain Officers

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by Xoom Corporation (Nasdaq: XOOM) and certain of its officers, specifically, whether they violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Xoom provides digital consumer-to-consumer online money transfer services in the United States and internationally.

On Monday, January 5, 2015, after market close, the company announced that “On December 30, 2014, Xoom Corporation (the ‘Company’) determined that it had been the victim of a criminal fraud. The incident involved employee impersonation and fraudulent requests targeting the Company’s finance department, resulting in the transfer of $30.8 million in corporate cash to overseas accounts. As a result, the Company expects to record a one-time charge of $30.8 million in its fourth quarter of 2014. The Company believes that no customer data was involved nor was any customer’s money involved in this matter and the Company’s systems were not impacted. While this matter will result in some additional near-term expenses, the Company does not expect this incident to otherwise have a material impact on its business.” Also on Monday, January 5, 2015, after market close, the company announced that its CFO Matt Hibbard resigned effective immediately and that the company’s former CFO and Chief Risk Officer, Ryno Blignaut, would assume those roles once again upon Hibbard’s resignation. Following these disclosures, shares of Xoom fell during intraday trading on January 6, 2015.

If you are a Xoom shareholder and are interested in learning more about the investigation or your legal rights and remedies, or if you have any information that may assist us in our investigation, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.