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Tue, April 5, 2011
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Harwood Feffer LLP Investigating Possible Securities Law Violations at Acxiom Corporation

Harwood Feffer LLP Investigating Possible Securities Law Violations at Acxiom Corporation


Published on 2011-04-05 11:05:23 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Harwood Feffer LLP is investigating potential claims on behalf of purchasers of the securities of Acxiom Corporation (aAcxioma or the aCompanya) (NASDAQ: ACXM), concerning whether the Company has violated Federal securities laws.

On Wednesday, March 30, 2011, Acxiom announced the resignation of its President and CEO, John Meyer, and also stated that its CFO plans to step down soon. No reason was given for the Presidenta™s resignation. In addition, Acxiom stated it expects an impairment charge of $50 to $90 million in its fiscal fourth quarter. The Company stated that it is writing down the goodwill and assets of its international operations because those businesses are not performing well. On this news, shares of Acxiom stock fell $4.37 to $13.09 in morning trading.

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website ([ http://www.hfesq.com ]) for more information about the firm. If you wish to discuss this matter with us, have any facts relating to this investigation, purchased shares of Acxiom, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Samuel K. Rosen, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email:

[ rharwood@hfesq.com ]

[ srosen@hfesq.com ]

Website:

[ http://www.hfesq.com ]

Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP ([ www.hfesq.com ]). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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