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Investors Who Have Lost Money in Their Amdocs Investment Should Contact Block & Leviton, Who Is Investigating Securities Fraud Claims Against Amdocs

Newsfile Corp.
·2 min read

Boston, Massachusetts--(Newsfile Corp. - March 31, 2021) - Block & Leviton is investigating whether Amdocs, Ltd. (NASDAQ: DOX) committed violations of securities fraud, and investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/amdocs.

What is this all about?

This morning short seller Jehoshaphat Research issued a report accusing Amdocs of a "massive financial deception". The short seller claims that that Amdocs "widely overstated profit margins" with a shaky balance sheet and a "revolving door" of auditors.

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Who is eligible?

Amdocs shares are down approximately 6.5% in mid-day trading to $74.15 per share. Investors who have lost money on their Amdocs investment - - whether or not they have sold that investment - - are potentially eligible and should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is considering filing a securities class action lawsuit to attempt to recover losses on behalf of investors who have lost money.

What should I do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.

Why should I contact Block & Leviton?

Many law firms have issued releases about this matter; many of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.

This notice may constitute attorney advertising.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79091