UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Advent Software, Inc. of PENDENCY OF CLASS ACTION Lawsuit in Connection With the Fairness of the Sale of the Company to SS&C Technologies Holdings, Inc. -- ADVS

NEW YORK, Feb. 17, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED COMMON STOCK OF ADVENT SOFTWARE, INC. ADVS PRIOR TO FEBRUARY 2, 2015 AND CONTINUE TO HOLD SUCH SHARES.

YOU ARE HEREBY NOTIFIED that a securities class action lawsuit has been commenced in Delaware state court. If you purchased or otherwise acquired Advent Software common stock prior to February 2, 2015 and continue to hold your shares, YOUR RIGHTS MAY BE AFFECTED BY THIS ACTION.

Click here to learn more about the action: http://www.zlkdocs.com/ADVS-Info-Request-Form-ma-2609.

The board of directors of Advent Software agreed to sell the Company to SS&C Technologies Holdings, Inc. ("SS&C") SSNC. Under the terms of the transaction, Advent Software shareholders will receive $44.25 of cash for each share of Advent Software stock they own. The investigation concerns whether the Board of Advent Software breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether SS&C is underpaying for Advent Software shares.

If you own Advent Software common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlkdocs.com/ADVS-Info-Request-Form-ma-2609.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.