Long-Term Investors in shares of Manhattan Associates, Inc. (NASDAQ: MANH) should contact the Shareholders Foundation in connection with Investigation

An investigation was announced for current long-term investors in shares of Manhattan Associates, Inc. (NASDAQ: MANH) concerning potential breaches of fiduciary duties by certain directors and officers of Manhattan Associates, Inc..

Investors who are current long term investors in Manhattan Associates, Inc. (NASDAQ: MANH) shares, 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 for current long term investors in NASDAQ: MANH stocks follows a lawsuit filed against Manhattan Associates, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MANH stocks, concerns whether certain Manhattan Associates, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of Georgia the plaintiff alleges that, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Manhattan Associates' projected revenue outlook and anticipated growth while also minimizing the risk from seasonality and macroeconomic fluctuations; (ii) in truth, Manhattan Associates' optimistic reports of growth in its professional services and overall confidence, despite the macroeconomic fluctuations and streamlining of professional services, fell short of reality; and (iii) Manhattan Associates' Service Segment was ill equipped to achieve the purportedly "responsible targets" set by Manhattan Associates.

Those who purchased shares of Manhattan Associates, Inc. (NASDAQ: MANH) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

This release was published on openPR.