SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Amdocs Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 8, 2021 - DOX

April 29, 2021 11:52 AM EDT | Source: Gross Law Firm

New York, New York--(Newsfile Corp. - April 29, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Amdocs Limited (NASDAQ: DOX).

Shareholders who purchased shares of DOX during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/amdocs-limited-loss-submission-form/?id=15301&from=5

CLASS PERIOD : December 13, 2016 to March 30, 2021

ALLEGATIONS : The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Amdocs overstated its profits, cash, and liquidity, while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) 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 (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82321

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