NEW YORK, Sept. 8, 2016 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Logitech International SA (NASDAQ: LOGI) resulting from allegations that Logitech may have issued materially misleading business information to the investing public.
On April 19, 2016, the Securities and Exchange Commission announced that Logitech agreed to pay a $7.5 million penalty for fraudulently inflating its fiscal year 2011 financial results to meet earnings guidance and committing other accounting-related violations during a five-year period. Logitech's former controller and former director of accounting also agreed to pay penalties of $50,000 and $25,000, respectively, for violations related to Logitech's warranty accrual accounting and failure to amortize intangibles from an earlier acquisition.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Logitech investors. If you purchased shares of Logitech from October 21, through November 14, 2014, please visit the firm's website at http://www.rosenlegal.com/cases-881.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
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New York, NY 10016
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SOURCE Rosen Law Firm, P.A.