Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Micro Focus International plc (NYSE: MFGP) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Micro Focus International plc (NYSE: MFGP) concerning whether a series of statements by Micro Focus International plc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 19, 2018, the Company announced the resignation of its Chief Executive Officer and disclosed that the Company was lowering its constant currency revenue guidance for the twelve months ending October 31, 2018.
On this news, NYSE: MFGP fell from a close of $26.21 per share on March 16, 2018, to a close of $14.01 on March 19, 2018.
Based in Newbury, the United Kingdom, and founded in 1976 Micro Focus International plc develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries internationally.
If you purchased shares of Micro Focus International plc (NYSE: MFGP) on or before March 19, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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