LOS ANGELES--()--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of purchasers of the securities of JDA Software Group Inc. (“JDA” or the “Company”) (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 Company’s 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 at $24.39 on February 1, 2012 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 Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at 310-201-9150, Toll Free at 888-773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.
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