{"id":477229,"date":"2021-04-15T16:27:37","date_gmt":"2021-04-15T20:27:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/"},"modified":"2021-04-15T16:27:37","modified_gmt":"2021-04-15T20:27:37","slug":"hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now"},"content":{"rendered":"
\n

SAN FRANCISCO, April 15, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Amdocs Limited (NASDAQ: DOX) <\/strong>investors with significant losses to submit your losses now<\/a>.<\/p>\n

\n Class Period: <\/strong>Dec. 13, 2016 \u2013 Mar. 30, 2021
Lead Plaintiff Deadline: <\/strong>June 8, 2021
Visit:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0www.hbsslaw.com\/cases\/DOX<\/a>
Contact an Attorney Now:<\/strong>DOX@hbsslaw.com<\/a>
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895<\/strong><\/p>\n

\n Amdocs Limited (NASDAQ: DOX) Securities Fraud Class Action:<\/strong>\n <\/p>\n

The complaint alleges that Defendants misrepresented and omitted material facts, including that: (i) Amdocs overstated its profits, cash, and liquidity, while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) while Amdocs\u2019 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 (iv) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

The Complaint alleges that on Mar. 31, 2021, the truth emerged when Jehoshaphat Research <\/em>published a scathing report entitled, \u201cWhere Did Amdocs\u2019 Profits And Auditors Go?\u201d, concluding that Amdocs is \u201ca massive financial deception\u201d and \u201cthe stock is uninvestable.\u201d<\/p>\n

Based on a review of Amdocs international subsidiaries\u2019 filings overseas, Jehoshaphat<\/em> claims Amdocs has overstated profits by as much as 50%, that its reported profit margins are \u201cwildly\u201d inflated, and approximately 1\/3 of Amdocs\u2019 stated cash is unavailable for use.\u00a0\u00a0 Jehoshaphat <\/em>reported that former employee and direct competitor interviews confirmed its findings that Amdocs \u201chas been losing business for years but has made up for these losses by inflating financials, sometimes to a point beyond recognition by the country managers.\u201d Jehoshaphat<\/em> also raised concerns about the Company subsidiaries\u2019 auditor resignations during the last two years.<\/p>\n

In response, the price of Amdocs shares fell over 11% on Mar. 31, 2021, wiping out hundreds of millions of dollars of shareholder value.<\/p>\n

\u201cWe\u2019re focused on investors\u2019 losses and proving Amdocs cooked its books,\u201d said Reed Kathrein, the Hagens Berman partner leading the investigation.<\/p>\n

If you are an Amdocs investor and have significant losses, or have knowledge that may assist the firm\u2019s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/strong>Persons with non-public information regarding Amdocs should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895<\/strong> or email DOX@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/u>
\n <\/a>
\n
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.\u00a0\u00a0 More about the firm and its successes is located at hbsslaw.com<\/a>. For the latest news visit our newsroom<\/u><\/a> or follow us on Twitter at @classactionlaw<\/u><\/a>.<\/p>\n

\n Contact:<\/u>
\n
Reed Kathrein, 844-916-0895<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN FRANCISCO, April 15, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Amdocs Limited (NASDAQ: DOX) investors with significant losses to submit your losses now. Class Period: Dec. 13, 2016 \u2013 Mar. 30, 2021Lead Plaintiff Deadline: June 8, 2021Visit:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0www.hbsslaw.com\/cases\/DOXContact an Attorney Now:DOX@hbsslaw.com\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 Amdocs Limited (NASDAQ: DOX) Securities Fraud Class Action: The complaint alleges that Defendants misrepresented and omitted material facts, including that: (i) Amdocs overstated its profits, cash, and liquidity, while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) while Amdocs\u2019 reported results showed that its North American business was stable, that business was actually deteriorating annually, … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-477229","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN FRANCISCO, April 15, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Amdocs Limited (NASDAQ: DOX) investors with significant losses to submit your losses now. Class Period: Dec. 13, 2016 \u2013 Mar. 30, 2021Lead Plaintiff Deadline: June 8, 2021Visit:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0www.hbsslaw.com\/cases\/DOXContact an Attorney Now:DOX@hbsslaw.com\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 Amdocs Limited (NASDAQ: DOX) Securities Fraud Class Action: The complaint alleges that Defendants misrepresented and omitted material facts, including that: (i) Amdocs overstated its profits, cash, and liquidity, while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) while Amdocs\u2019 reported results showed that its North American business was stable, that business was actually deteriorating annually, … Continue reading "HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-15T20:27:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNzk5NCM0MTIzNzkxIzIwMTg1MzI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now\",\"datePublished\":\"2021-04-15T20:27:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\\\/\"},\"wordCount\":487,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxNzk5NCM0MTIzNzkxIzIwMTg1MzI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\\\/\",\"name\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/","og_locale":"en_US","og_type":"article","og_title":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now - Market Newsdesk","og_description":"SAN FRANCISCO, April 15, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Amdocs Limited (NASDAQ: DOX) investors with significant losses to submit your losses now. Class Period: Dec. 13, 2016 \u2013 Mar. 30, 2021Lead Plaintiff Deadline: June 8, 2021Visit:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0www.hbsslaw.com\/cases\/DOXContact an Attorney Now:DOX@hbsslaw.com\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 Amdocs Limited (NASDAQ: DOX) Securities Fraud Class Action: The complaint alleges that Defendants misrepresented and omitted material facts, including that: (i) Amdocs overstated its profits, cash, and liquidity, while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) while Amdocs\u2019 reported results showed that its North American business was stable, that business was actually deteriorating annually, … Continue reading \"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-15T20:27:37+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNzk5NCM0MTIzNzkxIzIwMTg1MzI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now","datePublished":"2021-04-15T20:27:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/"},"wordCount":487,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNzk5NCM0MTIzNzkxIzIwMTg1MzI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-reminds-amdocs-limited-dox-investors-of-securities-class-action-investors-with-losses-encouraged-to-contact-the-firm-now\/","name":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Amdocs Limited (DOX) Investors of Securities Class Action, Investors with Losses Encouraged to Contact the Firm Now - 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