The law firm of Wohl & Fruchter LLP is investigating possible violations
of federal securities laws by officers and directors of LeapFrog
Enterprises Inc. (Leapfrog) (NYSE: LF).
On January 22, 2015, after the close of the market, Leapfrog announced
very disappointing third quarter results with sales that fell
significantly below expectations. The Company explained that among the
factors contributing to the sales shortfall was that it shipped and
promoted its new LeapTV educational video game system later than planned.
On the above news, LF opened for trading on January 23, 2015 down over
30%.
Wohl & Fruchter’s investigation concerns, among other things, whether
Leapfrog previously misled investors concerning the timing of the
shipment and promotion of the LeapTV product.
Persons with relevant information, and LF shareholders with questions
about this investigation, are invited to contact the attorney below, or
our Firm by calling 866.833.6245.
Additional information is available on our website at: http://www.wohlfruchter.com/cases/lf.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation arising from
fraud and other fiduciary breaches by corporate managers, as well as
other complex litigation matters. Please visit our website, www.wohlfruchter.com,
to learn more about our Firm, or contact one of our partners.
This release may be deemed to constitute attorney advertising.
Copyright Business Wire 2015