Levi & Korsinsky Investigates Agilysys, Inc. for Possible Securities Law Violations
New York, NY – February 25, 2025
Levi & Korsinsky, a leading securities law firm, notifies investors that it has commenced an investigation of Agilysys, Inc. (“Agilysys” or the “Company”) (NASDAQ:AGYS) concerning possible violations of federal securities laws. The investigation focuses on whether Agilysys and certain of its officers or directors issued materially false and/or misleading statements and/or failed to disclose material information to investors.
Background
On January 21, 2025, Agilysys issued a press release announcing third quarter revenue below expectations and the company’s own guidance. The Company attributed the shortfall to weaker-than-expected demand for its solutions in the hospitality industry. As a result, Agilysys revised its full-year 2025 revenue guidance, citing ongoing challenges in the sector.
Investigation Details
Levi & Korsinsky’s investigation aims to determine whether Agilysys and its management misrepresented the Company’s business conditions and/or financial results prior to the January 21, 2025, press release. Specifically, the investigation focuses on whether the Company and/or its executives made false and/or misleading statements regarding Agilysys’ business, financial condition, and prospects.
Impact on Individual Investors
Agilysys investors may have standing to file a lawsuit seeking to recover their losses. If you invested in Agilysys securities between specific dates and suffered losses, you may be entitled to compensation. Contact Levi & Korsinsky to discuss your options.
Global Implications
The Agilysys investigation underscores the importance of transparency and accurate reporting in the technology industry. As companies navigate economic challenges, investors rely on timely, truthful information to make informed decisions. Misrepresentations or omissions can have far-reaching consequences, potentially affecting not only individual investors but also the broader financial markets and the global economy.
Conclusion
Levi & Korsinsky’s investigation of Agilysys, Inc. is ongoing. If you invested in Agilysys securities and have experienced losses, please contact Levi & Korsinsky to discuss your options. The firm represents investors nationwide, and its attorneys have a proven track record of recovering significant damages for their clients. For more information, please visit https://www.zlk.com/agys or call 212-363-7500.
- Levi & Korsinsky commences investigation of Agilysys, Inc.
- Focuses on possible securities law violations.
- Investigation concerns January 2025 press release.
- Levi & Korsinsky seeks to determine if Agilysys made false or misleading statements.
- Individual investors may be entitled to compensation.
- Transparency and accurate reporting crucial in tech industry.
