Levi & Korsinsky Investigates Manhattan Associates, Inc. for Possible Securities Law Violations
New York, NY / Access Newswire / February 4, 2025
Levi & Korsinsky, a leading law firm, has announced that they are currently conducting an investigation into Manhattan Associates, Inc. (NASDAQ:MANH) for potential violations of federal securities laws. The investigation was prompted by Manhattan Associates’ recent publication of their fourth-quarter fiscal 2024 results and their issuance of fiscal 2025 guidance, which fell significantly below market expectations.
On January 28, 2025, after the markets had closed, Manhattan Associates shocked investors by revealing that their projected growth for fiscal 2025 was only 2.2%, a stark contrast to the impressive 12.3% growth they had experienced in the previous fiscal year. This sudden and substantial slowdown in demand has raised concerns among shareholders and regulatory bodies alike.
Impact on Investors:
Investors who currently hold shares in Manhattan Associates may be feeling uncertain about the future of their investments. The company’s disappointing guidance and the potential securities law violations being investigated by Levi & Korsinsky could result in a further decline in stock value. It is crucial for investors to stay informed and seek legal advice if necessary to protect their interests.
Global Implications:
The repercussions of Manhattan Associates’ performance and the resulting investigation extend beyond individual investors. As a leading player in the technology and supply chain industry, Manhattan Associates’ struggles could have far-reaching effects on the global market. A significant slowdown in demand for their products and services may signal broader economic challenges and impact other companies in the sector.
Conclusion:
As the investigation into Manhattan Associates continues, it is essential for shareholders to closely monitor developments and consider their options. The findings of Levi & Korsinsky’s inquiry could have a lasting impact on the company’s future and the wider market. Stay informed, seek appropriate counsel, and make informed decisions to safeguard your investments.
