Harwood Feffer LLP Announces Investigation of JDA Software Group, Inc.

NEW YORK, March 19, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of JDA Software Group, Inc. ("JDA" or the "Company") (NASDAQ: JDAS), concerning whether the board has breached its fiduciary duties to shareholders.

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On January 31, 2011, JDA announced that it had received a Securities and Exchange Commission ("SEC") request to review "information related to revenue recognition and other accounting and financial reporting matters for certain past fiscal years."  Then, on March 15, 2012, JDA disclosed that it had delayed filing for its 2011 Form 10-K due to the SEC inquiry.  Additionally, the Company stated that it had engaged outside counsel and an accounting firm to review "the application of its revenue-recognition policies and other accounting matters."

Our investigation concerns whether the JDA board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own JDA shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Matthew M. Houston, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
                         (212) 935-7400
Email:         MHouston@hfesq.com
Website:     http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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