BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of JDA Software Group, Inc. (aJDAa or the aCompanya) (NASDAQ:JDAS) concerning possible violations of federal securities laws. JDA provides enterprise software solutions to enable planning, optimization and execution of merchandising and supply chain processes, primarily in the Americas, Europe and the Asia-Pacific region.
The investigation is related to the Companyas January 31, 2012 announcement that JDA has received notice from the U.S. Securities and Exchange Commission requesting information related to revenue recognition and other accounting and financial reporting matters for certain past fiscal years. Following this news, the price of JDA shares declined $5.08, or 19%, to close on February 1, 2012 at $24.39 per share, on heavy trading volume.
If you purchased JDA securities, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].