Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Skullcandy, Inc. (“Skullcandy” or the “Company”) (NASDAQ: SKUL). Investors who purchased or otherwise acquired shares between May 5, 2015 and January 11, 2016, inclusive (the “Class Period”), are encouraged to contact the Firm prior to the April 12, 2016, lead plaintiff motion deadline.
If you purchased shares of Skullcandy during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, the Company failed to disclose that: (1) Skullcandy issued false and misleading earnings guidance and (2) that the Company was having problems with its biggest Chinese distributor.
If you purchased shares of Skullcandy during the Class Period, you have until April 12, 2016 to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160407006397/en/
Contacts:
Joon M. Khang, Esq.
Telephone:
949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
