Law Offices of Todd M. Garber Announces Investigation of Tech Data Corporation Business Wire LOS ANGELES -- April 5, 2013 The Law Offices of Todd M. Garber announces that it is investigating potential claims against Tech Data Corporation (“Tech Data” or the “Company”) (NASDAQ:TECD) concerning possible violations of federal securities laws. Tech Data engages in the wholesale distribution of technology products in North America, South America, Europe, the Middle East and Africa. The investigation is related to the Company’s March 21, 2013 announcement that it will restate certain of its financial results for its 2011, 2012 and 2013 fiscal years. The Company has stated investors should no longer rely on its financial data reported for these periods. The restatement will reduce previously reported consolidated operating income by approximately $30-40 million, and consolidated net income by approximately $25-33 million. According to the Company, “the restatement will be made to correct improprieties related to how the Company’s U.K. subsidiary reflected vendor accounting.” In addition, the Company will likely seek a 15-day filing extension for its Annual Report on Form 10-K for the fiscal year ended January 31, 2013. If you purchased Tech Data shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to email@example.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contact: Law Offices of Todd M. Garber Todd M. Garber, Attorney at Law Los Angeles, California 213-700-7262 firstname.lastname@example.org
Law Offices of Todd M. Garber Announces Investigation of Tech Data Corporation
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