NEW ORLEANS--([ BUSINESS WIRE ])--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., have commenced an investigation into JDA Software Group, Inc. (Nasdaq: JDAS) for violations of the federal securities laws, after shares of JDA stock have fallen over 17% - or over $5.00 per share - - following its disclosure that the SEC has requested information related to revenue recognition and other Accounting and financial-reporting matters, and following the report that the company would take a large charge in its fourth quarter 2011.
This investigation has commenced with a focus primarily upon statements made by JDA between the period from October 27, 2010 until January 31, 2012.
If you are a JDA Software Group shareholder and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn ([ lewis.kahn@ksfcounsel.com ]), toll free, 877-515-1850, or via cell phone any time at 504-301-7900. KSF also encourages anyone with information regarding JDA Software Groupas conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities class action and shareholder derivative litigation with offices in New York and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.
To learn more about KSF, you may visit [ www.ksfcounsel.com ].