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NASDAQ:DOX Shareholder Notice: Investigation over Potential Wrongdoing at Amdocs Limited

Via: ReleaseWire

Updated 11:32 AM CDT, Fri, March 29,2019

An investigation on behalf of investors in Amdocs Limited (NASDAQ: DOX) shares over potential wrongdoing at Amdocs Limited was announced and NASDAQ: DOX stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 03/29/2019 -- Certain directors of Amdocs Limited (NASDAQ: DOX) are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Amdocs Limited (NASDAQ: DOX) 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 concerns whether certain Amdocs directors breached their fiduciary duties and caused damage to the company and its shareholders.

Chesterfield, MO based Amdocs Limited, through its subsidiaries, provides software and services to the communications, pay TV, entertainment, and media industry service providers worldwide. On January 23, 2019, Spruce Point Capital Management issued a report alleging how Amdocs has "engineered superficial top and bottom-line growth" through "opaque M&A, aggressive percentage-of-completion accounting, software cost capitalization, and repeated one-off net tax benefits."

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqdox-shareholder-notice-investigation-over-potential-wrongdoing-at-amdocs-limited-1185474.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com