Case: JDA Software Group, Inc.

Attorneys: Frederic S. Fox, Laurence D. King, Donald R. Hall, Jeffrey P. Campisi, Pamela A. Mayer

April 10, 2012 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) has been investigating Scottsdale, Arizona-based JDA Software Group, Inc. (“JDA” or “Company”) (Nasdaq: JDAS) for potential violations of the federal securities laws. Investors who purchased JDA’s common stock may be affected.

On January 31, 2012 after the market closed, JDA disclosed that it received a notice from the U.S. Securities and Exchange Commission (“SEC”) requesting information related to revenue recognition and other accounting and financial reporting matters for certain past fiscal years.

On February 1, 2012, JDA’s stock price declined by $5.08 per share, more than 17%, to close at $24.39 per share.

On February 29, 2012, JDA disclosed that it was unable to file its Form 10-K for the year ended December 31, 2011 by the February 29, 2012 deadline due to its review of its revenue recognition policies for certain past years in connection with the previously disclosed inquiry from the SEC.

Then, on March 15, 2012, JDA disclosed that the filing of its Form 10-K for the year ended December 31, 2011 would be further delayed beyond the March 15, 2012 extended due date. Additionally, on March 15, 2012, JDA disclosed that it was working with outside counsel engaged by the Audit Committee of the Board of Directors and an accounting firm that is separate from its independent auditor in the review of the application of its revenue-recognition policies and other accounting matters.

On April 10, 2012, trading of JDA stock was halted and JDA announced that as a result of its ongoing review it will restate results going back to 2008. According to the Wall Street Journal, the internal review by the Audit Committee of the Board of Directors found problems with the way JDA recorded some license revenue. The Company now says it is restating fiscal years 2008, 2009 and 2010, along with the interim periods ended March, June and September 2011.

If you purchased JDA’s common stock and would like to discuss our investigation, please e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it .