Energy News / Shareholders Foundation, Inc.

NYSE: MFGP Shareholder Alert: Investigation over Possible Securities Laws Violations by Micro Focus International Plc

Via: ReleaseWire

Updated 8:45 AM CDT, Wed, April 04,2018

An investigation for investors in Micro Focus International plc (NYSE: MFGP) shares over potential securities laws violations by Micro Focus International plc (NYSE: MFGP was announced.

San Diego, CA -- (ReleaseWire) -- 04/04/2018 -- An investigation was announced for investors of Micro Focus International plc (NYSE: MFGP) shares over potential securities laws violations by Micro Focus International plc (.

Investors who purchased shares of Micro Focus International plc (NYSE: MFGP), 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 focuses on whether a series of statements by Micro Focus International plc (NYSE: MFGP regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 19, 2018, Micro Focus International plc announced the resignation of its Chief Executive Officer and disclosed that the Company was lowering its constant currency revenue guidance for the twelve months ending October 31, 2018 to minus 6% to minus 9% compared to the 12 months ending 31 October 2017.

Shares of Micro Focus International plc (NYSE: MFGP) declined from $36.01 per share in November 2017 to as low as $12.67 per share on March 22, 2018.

Those who purchased shares of Micro Focus International plc (NYSE: MFGP) 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyse-mfgp-shareholder-alert-investigation-over-possible-securities-laws-violations-by-micro-focus-international-plc-958824.htm

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