StockNews.AI
AGYS
StockNews.AI
124 days

Johnson Fistel, PLLP Continues Investigation into Agilysys, Inc. on Behalf of Shareholders Who Incurred Losses

1. Johnson Fistel investigates AGYS for potential securities law violations. 2. AGYS' Q3 revenue fell below expectations, revising FY25 outlook downward. 3. CEO acknowledged sales challenges; investors faced significant losses post-announcement. 4. Law firm seeks to represent affected investors in potential class action.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The investigation into AGYS, following poor earnings, negatively impacts investor trust. Historically, stocks under investigation have seen significant declines.

How important is it?

The ongoing investigation into AGYS is crucial for investors, affecting stock performance greatly. Class action concerns compound the negative outlook for the company.

Why Short Term?

Immediate negative market reactions typically occur after such investigations are announced. The sentiment can stabilize once clarity is provided.

Related Companies

AAPLMSFTGOOGL
SAN DIEGO, April 17, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Agilysys, Inc. (NASDAQ: AGYS) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. What if I purchased Agilysys securities? If you purchased securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation For more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471 There is no cost or obligation to you. What is Johnson Fistel investigating? On January 21, 2025, after the market closed, Agilysys issued a press release announcing third quarter revenue that fell below both market expectations and the company’s own guidance. The company also significantly revised its full-year FY25 revenue outlook downward. During the earnings call, CEO Ramesh Srinivasan admitted that management had “underestimated the sales challenges on the point-of-sale (POS) side of the equation,” adding that the year “could have been a lot better” and they “could have also done a lot better with the speed of hiring for the implementation services teams.” Following these disclosures, investors suffered significant losses as Agilysys shares dropped sharply. About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs’ securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising.Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, PLLP501 W. Broadway, Suite 800, San Diego, CA 92101James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

Related News