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Investigation announced for Investors in shares of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC)

07-20-2020 09:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) shares over potential securities laws violations

An investigation for investors in SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) shares over potential securities laws violations

An investigation on behalf of investors of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) shares over potential securities laws violations by SS&C Technologies Holdings, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), 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 possible claims on behalf of purchasers of the securities of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) concerning whether a series of statements by SS&C Technologies Holdings, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Windsor, CT based SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. SS&C Technologies Holdings, Inc. reported that its annual Total Revenue rose from over $3.42 billion in 2018 to over $4.63 billion in 2019, and that its Net Income increased from $103.2 million in 2018 to $438.5 million in 2019.

On June 9, 2020, the investment management technology firm Arcesium LLC (“Arcesium”) sued SS&C Technologies Holdings, Inc. in New York federal court, alleging breach of contract and violation of antitrust laws in connection with SS&C and its subsidiary Advent Software Inc.’s (“Advent”) termination of an agreement with Arcesium to sell Advent’s Geneva accounting software.

Shares of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) declined from $62.18 per share on June 5, 2020 to $53.45 per share on June 29, 2020.

Those who purchased shares of SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

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