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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Amdocs Limited – DOX


Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Amdocs Limited (DOX) resulting from allegations that Amdocs Limited may have issued materially misleading business information to the investing public.

On January 23, 2019, Spruce Point Capital Management issued a report alleging how Amdocs has “engineered superficial top and bottom-line growth” through “opaque M&A, aggressive percentage-of-completion accounting, software cost capitalization, and repeated one-off net tax benefits.” On this news, shares of Amdocs Limited have fallen sharply during intraday trading on January 23, 2019.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Amdocs Limited investors. If you purchased shares of Amdocs Limited please visit the firm’s website at https://www.rosenlegal.com/cases-1492.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190123005570/en/