Jda Software Group Inc : Law Offices of Howard G. Smith Announces Investigation of JDA Software Group, Inc.
02/06/2012 | 08:05pm
Law Offices of Howard G. Smith announces that it is investigating
potential claims on behalf of purchasers of the securities of JDA
Software Group, Inc. ("JDA" or the "Company") (NASDAQ:JDAS) concerning
possible violations of federal securities laws. JDA provides enterprise
software solutions to enable planning, optimization and execution of
merchandising and supply chain processes, primarily in the Americas,
Europe and the Asia-Pacific region.
The investigation is related to the Company's January 31, 2012
announcement that JDA has received notice from the U.S. Securities and
Exchange Commission requesting information related to revenue
recognition and other accounting and financial reporting matters for
certain past fiscal years. Following this news, the price of JDA shares
declined $5.08, or 19%, to close on February 1, 2012 at $24.39 per
share, on heavy trading volume.
If you purchased JDA securities, if you have information or would like
to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of 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 howardsmith@howardsmithlaw.com,
or visit our website at http://www.howardsmithlaw.com.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
© Business Wire 2012
