DOX Lawsuit Filed: Jakubowitz Law Pursues Claims on Behalf of Amdocs Limited Shareholders

New York, New York--(Newsfile Corp. - June 3, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Amdocs Limited (NASDAQ: DOX).

CLICK HERE FOR MORE DETAILS:

https://claimyourloss.com/securities/amdocs-limited-loss-submission-form/?id=16546&from=5

Affected shareholders purchased shares of DOX between December 13, 2016 and March 30, 2021

Shareholders interested in representing the class of wronged shareholders have until June 8, 2021 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Amdocs Limited 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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86482