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Kendall Law Group Investigates JDA Software Group, Inc. for Shareholders

^{Published on 2010-06-25 10:11:30 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], a national securities firm led by a former federal judge and a former U.S. Attorney, is investigating JDA Software Group, Inc. (NASDAQ: JDAS) after the announcement of a $246 million judgment against i2 Technologies Inc., a subsidiary of JDA. The firma™s investigation seeks to determine whether JDA and its Board violated their fiduciary duties by not disclosing the ongoing legal issues involving i2 prior to its acquisition. Shareholders familiar with the investigation or who may have suffered a loss as a result are encouraged to contact the Kendall Law Group at 877-744-3728 or by email at [ jmckey@kendalllawgroup.com ].

i2 was acquired by JDA in a merger which closed January 28, 2010. JDA and its board did not disclose the fact that i2 was involved in this litigation and that such a large level of liability was possible. On June 15, 2010, a Dallas jury ordered JDA to pay Dillarda™s, Inc. $246 million in damages for fraud, breach of contract, and breach of warranty. JDA share prices dropped 20% the day after the jury award was announced.

Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation in the nation. The firm, founded by a former federal judge and a former U.S. Attorney, is a national securities firm that represents shareholders when publicly traded companies violate the law. Shareholders are urged to contact attorney Scott Kendall for more information.