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Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Audience, Inc.


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Published in Science and Technology on Friday, September 7th 2012 at 8:49 GMT by Market Wire   Print publication without navigation


BENSALEM, Pa.--([ ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against Audience, Inc. (aAudiencea or the aCompanya) (NASDAQ:ADNC) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company between May 10, 2012 and September 6, 2012, regarding Audienceas business, operations and financial condition were false and misleading.

Audience provides intelligent voice and audio solutions for mobile devices worldwide. Specifically, the investigation relates to Audienceas September 6, 2012 disclosure that it now believes that Apple Inc. (aApplea) is unlikely to use its processor intellectual property in the iPhone 5, which is expected to be launched in the second week of September. Appleas licensing of the Companyas processor intellectual property had accounted for 37% of Audienceas total revenue for both the three and six months ended June 30, 2012. On this news, shares of Audience declined almost 60%.

If you purchased Audience securities between May 10, 2012 and September 6, 2012, 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 ].


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