Johnson Fistel, PLLP Continues Investigation into Agilysys, Inc. on Behalf of Shareholders Who Incurred Losses

Group 1 - Johnson Fistel, PLLP is investigating Agilysys, Inc. for potential violations of securities laws related to misrepresentation or failure to disclose information to investors [1][2] - On January 21, 2025, Agilysys reported third quarter revenue that was below market expectations and its own guidance, leading to a downward revision of its full-year FY25 revenue outlook [2] - CEO Ramesh Srinivasan acknowledged management's underestimation of sales challenges in the point-of-sale sector and the need for improved hiring speed for implementation services [2] Group 2 - Following the negative disclosures, Agilysys shares experienced a significant drop, resulting in substantial losses for investors [2] - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights and securities class action lawsuits, representing both individual and institutional investors [3] - The firm has been recognized as a top plaintiffs' securities law firm, recovering approximately $90.725 million for clients in previous cases [4]