Roy Jacobs & Associates Investigating JDA Software Group Inc. for Possible Securities Law Violations (aJDASa)
NEW YORK--([ BUSINESS WIRE ])--Roy Jacobs & Associates announces that it is investigating possible claims for the violation of the federal securities laws on behalf of purchasers of the common stock of JDA Software Group Inc. ("JDA" or the "Company") (NASDAQ:JDAS) during the period from November 5, 2009 through June 15, 2010. The investigation concerns the existence of a huge undisclosed legal liability of i2 Technologies Inc. (ai2a), which company was acquired by JDA in a merger which closed January 28, 2010. On June 15, 2010 a state court jury found i2 liable to Dillarda™s Inc. for $246 million in damages resulting from a software licensing dispute. At no time after the details of the impending merger were disclosed to the investing public on November 5, 2009, was the potential magnitude of the dispute ever revealed, or even mentioned.
For further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail to [ rjacobs@jacobsclasslaw.com ].
As a result of this news, which was completely unexpected, JDAa™s share price fell $5.41 per share or almost 20% and has not recovered.
If you purchased JDA shares: (i) during the period from November 5, 2009, through June 15, 2010, and have a loss, whether or not you still hold you shares; or (ii) prior to November 5, 2009, and still hold your shares, and, in either case, you are interested in discussing your rights free of charge, please contact Roy L. Jacobs. Mr. Jacobs will be glad to personally speak with you.