Disclosure Insight Maintains Medium Risk Rating on JDA Software Group

A report from Disclosure Insight reiterates its Medium Risk Negative Bias rating on JDA Software Group Inc.

. The report states, “Risk of undisclosed SEC investigative activity; ongoing litigation; and one-time items support our opinion of a Medium Risk - Negative Bias rating for JDAS. Responses we received from the SEC to Freedom of Information Act requests have indicated the risk of undisclosed SEC investigative activity from 18-Oct-10 through the most recent response dated 28-Sep-11.” JDAS closed yesterday at $31.52.