The law firm of Lieff, Cabraser, Heimann & Bernstein, LLP announces that a class action lawsuit has been brought on behalf of all persons who purchased or otherwise acquired the common stock of Acxiom Corporation (“Acxiom” or the “Company”) (Nasdaq: ACXM) between October 27, 2010 and March 30, 2011, inclusive (the “Class Period”).

If you purchased Acxiom common stock during the Class Period, you may move the Court for appointment as lead plaintiff by no later than June 27, 2011. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the action will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Acxiom shareholders who wish to learn more about the action and how to seek appointment as lead plaintiff may visit Lieff Cabraser’s website at http://www.lieffcabraser.com/securities-investor-fraud/case/467/acxiom-corporation-securities-class-litigation or contact Sharon Lee of Lieff Cabraser toll free at (800) 541-7358.

Background on Acxiom Securities Class Litigation

The action, filed in the United States District Court for the Eastern District of Arkansas, is brought against Acxiom and certain of its officers and directors for violations of the Securities Exchange Act of 1934. Acxiom, headquartered in Little Rock, Arkansas, describes itself as a recognized leader in marketing services and technology that enables marketers to manage audiences, personalize consumer experiences and create profitable customer relationships.

The action alleges that during the Class Period, defendants misrepresented and omitted material information regarding Acxiom’s true financial condition. Specifically, throughout the Class Period, defendants allegedly failed to disclose (i) that the Company was experiencing a significant decline in its international operations and was not operating according to plan; (ii) that the Company failed to properly and timely account for impaired assets related to its international operations; and (iii) that, as a result of the foregoing, defendants’ statements regarding the Company’s financial performance and expected earnings were false and misleading and lacked a reasonable basis when they were made.

On March 30, 2011, Acxiom announced that its Chief Executive Officer and President, John A. Meyer, had resigned effective March 28, 2011, and that its Chief Financial Officer, Christopher W. Wolf, also planned to step down in the second calendar quarter of 2011. Additionally, Acxiom forecasted a weak fiscal fourth quarter ending March 31, 2011, with adjusted earnings of $0.18 to $0.22 per share and revenue between $295 million and $299 million, compared to analyst forecasts of adjusted earnings of $0.24 per share and $303 million in revenue. Acxiom also announced that it expects to record an impairment charge of between $50 million and $90 million in the fourth quarter of fiscal 2011 in connection with a write-down of the carrying value of goodwill and other long-lived assets associated with its international operations. On this news, the price of Acxiom’s common stock fell $3.96 per share, or 22.7%, from a closing price on March 29, 2011, to close at $13.50 per share on March 30, 2011, on unusually heavy trading volume.

About Lieff Cabraser

Lieff, Cabraser, Heimann & Bernstein, LLP, with offices in San Francisco, New York and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

Since 2003, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs’ law firms in the nation. In compiling the list, the National Law Journal examined recent verdicts and settlements in addition to overall track records. Lieff Cabraser is one of only two plaintiffs’ law firms in the United States to receive this honor for the last eight consecutive years.

For more information about Lieff Cabraser and the firm’s representation of investors, please visit http://www.lieffcabraser.com.

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

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