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Glancy Prongay & Murray LLP Announces Investigation on Behalf of Amdocs Limited Investors (DOX)

LOS ANGELES, Jan. 25, 2019 (GLOBE NEWSWIRE) -- National Shareholder Rights Law Firm Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Amdocs Limited (“Amdocs” or the “Company”) (NASDAQ: DOX) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On January 23, 2019, Spruce Point Capital Management published a report alleging that Amdocs “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 fell 12% during intraday trading on January 23, 2019, thereby injuring investors.

If you purchased Amdocs securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com