Investor Alert: Kaplan Fox Announces Investigation Of Micro Focus International

NEW YORK, March 20, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Micro focus International plc ("Micro Focus" or the "Company") (NYSE: MFGP), including purchasers of Micro Focus American Depositary Receipts ("ADRs").

On March 19, 2018, Micro Focus announced the resignation of its Chief Executive Officer and advised investors that the Company is "issuing revised constant currency revenue guidance for the twelve months ending 31 October 2018 of minus 6% to minus 8% compared to the pro forma 12 months ending 31 October 2017."  The Company further stated that "[t]his updates revenue guidance of minus 2% to minus 4% provided at the interim results on 8 January 2018."

Following these disclosures, the Micro Focus ADRs plummeted by $12.20 per ADR, or 46.55%, to close at $14.01 per ADR.

If you are an investor in Micro Focus and would like to discuss our investigation, please contact us by emailing [email protected] or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: [email protected]

SOURCE Kaplan Fox & Kilsheimer LLP

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