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INVESTOR ALERT: Investigation on Behalf of LeapFrog Enterprises Inc. Shareholders Announced by Glancy Binkow & Goldberg LLP
[January 23, 2015]

INVESTOR ALERT: Investigation on Behalf of LeapFrog Enterprises Inc. Shareholders Announced by Glancy Binkow & Goldberg LLP


Glancy Binkow & Goldberg LLP is investigating possible violations of federal securities laws by officers and directors of LeapFrog Enterprises Inc. ("LeapFrog" or the "Company") (NYSE: LF).

Please contact Lesley Portnoy or Casey Sadler at (310) 201-9150, or at [email protected] to discuss this matter. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

On January 22, 2015, after the clos of the market, LeapFrog announced very disappointing third quarter results with sales that fell significantly below expectations. The Company also announced a $107 million write-down of goodwill and deferred tax assets. LeapFrog blamed the slowdown in sales on weaker-than-expected children's tablet sales, delays in shipping the LeapTV video game system, lower cartridge/accessories demand, lower-than-expected LeapReader sales. On this news, LeapFrog opened for trading on January 23, 2015 down over $1.23 per share or 30% on volume of over 8 million shares.



This investigation concerns, among other things, whether LeapFrog previously misled investors concerning the timing of the shipment and promotion of its various products.

If you purchased LeapFrog shares, if you have information, or would like to learn more, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, or Casey Sadler, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) 773-9224, by e-mail to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.


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


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