NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating potential claims on behalf of purchasers of JDA Software Group, Inc. (aJDAa or the aCompanya) (Nasdaq: JDAS) securities concerning possible violations of federal securities laws.
"revenue recognition and other accounting and financial reporting matters."
For more information, click here: [ http://zlk.9nl.com/jda-software-group-jdas/ ].
In a January 31, 2012 press release JDA announced that the U.S. Securities and Exchange Commission (aSECa) requested information related to the Companyas arevenue recognition and other accounting and financial reporting matters.a In particular, the SEC requested information regarding JDAas 2010 annual filing; the Company also received a subpoena for documents from 2008 through 2010. Following this news, the price of JDA shares declined $5.08, or 19%, to close at $24.39 on February 1, 2012, on heavy trading volume.
If you own JDA stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit [ http://www.zlk.com/jda-software-group-jdas.html ].
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. Attorney advertising. Prior results do not guarantee similar outcomes.