BOSTON, Nov. 2, 2012 /PRNewswire/ — Block & Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duties by the Board of Directors of JDA Software Group, Inc. (“JDAS” or the “Company”) (NASDAQ JDAS) with regards to the proposed acquisition of the Company by RedPrairie (“RedPrairie”) in a cash and stock transaction scheduled to close by year end 2012.

Under the terms of the agreement, entities affiliated with RedPrairie will execute a cash tender offer to acquire all outstanding shares of JDAS common stock for $45 per share. JDAS President and Chief Executive Officer (“CEO”) Hamish N. Brewer has negotiated a continuing role as CEO of the combined company. In addition, the transaction seems purposely timed to take advantage of a temporarily depressed share price caused by reduced same year financial results for the third quarter, despite the fact that the Company had shown substantial growth in the previous quarter and was poised for a stock price increase. Because RedPrairie is a privately held company, current shareholders of JDAS will be unable to realize the future growth their investments in the Company have funded. Block & Leviton’s investigation seeks to determine, among other things, whether JDAS’ Directors breached their fiduciary duties by failing to maximize shareholder value in the proposed acquisition by RedPrairie, the impetus for the very short transaction timetable and the fairness of the process by which the JDAS Directors considered and approved the transaction.

If you are a JDAS shareholder and have questions about your legal rights, or if you have information relevant to this investigation, please contact attorney Steven P. Harte, Esq. at (617) 398-5600 or email him at Steven@blockesq.com.

Block & Leviton is a Boston-based law firm representing investors nationwide for violations of securities laws. The firm’s lawyers have collectively been prosecuting securities cases on behalf of investors for over 50 years. This notice may constitute attorney advertising.

Contact:

BLOCK & LEVITON LLP

Steven P. Harte, Esq.

steven@blockesq.com

(617) 398-5600

SOURCE Block & Leviton LLP