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SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Amdocs Limited and Encourages Investors With Losses in Excess of $100,000 to Contact the Firm

April 12, 2021 GMT

LOS ANGELES--(BUSINESS WIRE)--Apr 12, 2021--

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Amdocs Limited (“Amdocs” or “the Company”) (NASDAQ: DOX ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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Investors who purchased the Company’s securities between December 13, 2016 and March 30, 2021, inclusive (the ″Class Period″), are encouraged to contact the firm before June 8, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Amdocs both overstated its profits and liquidity while also understating debt. The Company concealed its considerable level of borrowing. The Company claimed that its North American business was maintaining a consistent level, but it was actually deteriorating due in part to the loss of AT&T as a customer. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Amdocs, investors suffered damages.

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Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210412005286/en/

CONTACT: The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: The Schall Law Firm

Copyright Business Wire 2021.

PUB: 04/12/2021 09:05 AM/DISC: 04/12/2021 09:05 AM

http://www.businesswire.com/news/home/20210412005286/en