San Diego, CA -- (SBWire) -- 07/14/2021 --An investigation on behalf of current long-term investors in shares of Amdocs Limited (NASDAQ: DOX) concerning potential breaches of fiduciary duties by certain directors and officers of Amdocs Limited was announced.
Investors who are current long term investors in Amdocs Limited (NASDAQ: DOX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: DOX stocks follows a lawsuit filed against Amdocs Limited over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: DOX stocks, concerns whether certain Amdocs directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that Amdocs overstated its profits, cash, and liquidity, while understating its debt, that Amdocs concealed its large borrowing, that while Amdocs' reported results showed that its North American business was stable, that business was actually deteriorating annually, in part because the Company was losing AT&T as a customer, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Amdocs Limited (NASDAQ: DOX) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Amdocs Limited (NASDAQ:DOX) Long Term Investor Alert: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Amdocs Limited (NASDAQ:DOX) shares over possible breaches of fiduciary duty by certain officers and directors was announced.