Science & Technology
Science and Technology
Science and Technology 
Wed, March 30, 2011
Tue, March 29, 2011
Kendall Law Group Investigates Rosetta Stone, Inc. for Shareholders
DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], a national securities firm led by a former federal judge with attorneys that include a former U.S. Attorney, is investigating Rosetta Stone, Inc. (NYSE: RST) for shareholders. The investigation concerns possible breaches of fiduciary duty and other violations of the law by certain officers and directors of the Company. Rosetta Stone shareholders are urged to contact Scott Kendall of the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].
On February 28, 2011, Rosetta Stone announced its results for the fourth quarter and year ended December 31, 2010, reporting a 5% decrease in revenue from the prior year period and a 60% decrease in net income on a Generally Accepted Accounting Principles basis from their 2009 fourth quarter results. Shortly after the news was released, Rosetta Stone stock fell almost 12%, on heavy trading volume. The Firma™s investigation seeks to determine whether Rosetta Stone directors and officers failed to disclose materially adverse information about the Companya™s true financial condition, business and prospects and if that failure injured shareholders.
Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation. The firm helps shareholders exercise their power to protect their investments when companies break the law. If you are a Rosetta Stone shareholder, you are encouraged to contact the Kendall Law Group to learn more about your rights.