Science & Technology
Tue, October 12, 2010Mon, October 11, 2010Sun, October 10, 2010Fri, October 8, 2010Thu, October 7, 2010Wed, October 6, 2010Tue, October 5, 2010Mon, October 4, 2010Sat, October 2, 2010Fri, October 1, 2010Thu, September 30, 2010Wed, September 29, 2010Tue, September 28, 2010Mon, September 27, 2010Sun, September 26, 2010Fri, September 24, 2010Thu, September 23, 2010Wed, September 22, 2010Tue, September 21, 2010Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of DynaVox Inc.
Published in Science and Technology on Friday, October 1st 2010 at 17:40 GMT by Market Wire
BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of DynaVox Inc. (aDynaVoxa or the aCompanya) (NASDAQ:DVOX) concerning possible violations of federal securities laws. DynaVox designs, manufactures and distributes electronic and symbol-based augmentative communication equipment, software and services. The Company offers speech generating technology and special education software solutions for individuals with speech, language, physical or learning disabilities.
"the weakness in DynaVox is striking given the company just went public in late April, selling upwards of 9 million shares at $15 each. The stock is now down 65% off a high of $19.20 on June 16."
The investigation concerns allegations that certain statements made by the Company concerning its business and financial prospects were materially false and/or misleading. On September 30, 2010, the Company issued a press release stating that during its first quarter of fiscal 2011, DynaVox aexperienced a softening of demand for both its speech generating devices and software products.a As a result, the Company announced, it is withdrawing its previously issued earnings guidance for fiscal year 2011. A subsequent article published by TheStreet.com noted athe weakness in DynaVox is striking given the company just went public in late April, selling upwards of 9 million shares at $15 each. The stock is now down 65% off a high of $19.20 on June 16.a
If you are a shareholder of DynaVox, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].
