AMDOCS INVESTOR ALERT: Class Action Lawsuit Filed

Boston, Massachusetts – (Newsfile Corp. – April 23, 2021) – Thornton law firm advises investors that a class action lawsuit has been filed on behalf of Amdocs Limited (NASDAQ: DOX) investors. The case is currently in the lead plaintiff stage. Investors who purchased DOX shares or other securities between December 13, 2016 and March 30, 2021 can contact the Thornton law firm’s investor protection team at www.tenlaw.com/cases/Amdocs to submit their information . Investors can also email investors@tenlaw.com or call 617-531-3917.

More information: www.tenlaw.com/cases/Amdocs

The complaint alleges that Amdocs and its officers made misleading statements to investors and failed to disclose that: (i) Amdocs overestimated its earnings, cash and liquidity and underestimated its debt; (ii) Amdocs has kept silent about its large borrowing; and (iii) while the results reported by Amdocs showed that North American business was stable, business actually deteriorated annually, in part because Amdocs lost AT&T as a customer.

Interested Amdocs investors have until June 8, 2021 to seek advice and apply as the lead plaintiff if they are interested. Investors do not have to be a lead plaintiff to be a class member. A lead plaintiff is acting on behalf of all other members of the investor class in administering the class action. If investors fail to take action, they can remain an absent class member. The class has not yet been certified. Investors will not be represented by a lawyer until certification.

More information: www.tenlaw.com/cases/Amdocs

Thornton’s securities attorneys have extensive experience representing investors in recovering damages caused by violations of securities laws. The company’s attorneys have a proven record of litigation in securities cases in courts across the country and recovering losses on behalf of investors. This can be seen as a lawyer promotion in some countries. Past results do not guarantee or forecast a similar result with respect to future matters.

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CONTACT:

Law firm Thornton LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/Amdocs

The source version of this press release can be found at https://www.newsfilecorp.com/release/81402

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