Law Offices of Goldfarb Branham LLP Investigating Shareholder Claims Against Acxiom Corp. Board for Multimillion Dollar Write...
04 April 2011 - 12:40PM
Business Wire
Goldfarb Branham LLP is investigating decreased share prices
following a press release by the company detailing the resignation
of both Acxiom Corporation’s (NASDAQ: ACXM) President and CEO, John
Meyer, and the company’s CFO, Christopher Wolf. Stock plummeted
twenty-five percent from $17.46 to $13.09 per share early March 30,
2011. Concerned Acxiom shareholders are encouraged to contact
attorney Hamilton Lindley toll-free at 877-583-2855 or at
hlindley@goldfarbbranham.com.
“Acxiom has released statements expressing an expected
impairment charge of $50 to $90 million for the fiscal fourth
quarter resulting from their indication that they are writing down
the goodwill and assets of international operations that are not
performing well,” said securities lawyer Hamilton Lindley. “Our
investigation seeks to determine whether the company lacks the
adequate internal controls to perform in shareholders’ best
interest.”
Goldfarb Branham LLP lawyers have significant experience
representing shareholders and whistleblowers in securities lawsuits
nationwide. Acxiom Corporation investors – or anyone with knowledge
about this issue – should contact lawyer Hamilton Lindley at
hlindley@goldfarbbranham.com or 877-583-2855.
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