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Holzer Holzer & Fistel, LLC Announces Investigation Into Audience, Inc.

Stock quotes in this article: ADNC 

Holzer Holzer & Fistel, LLC is investigating whether there have been violations of the federal securities laws by Audience, Inc. (“Audience” or the “Company”) (NASDAQ: ADNC). The investigation focuses on whether a series of statements made between its May 10, 2012 Initial Public Offering (“IPO”) and September 6, 2012, inclusive, regarding its relationship with Apple, Inc. were false and misleading. Specifically, the investigation seeks to determine, among other things, whether Audience misrepresented or failed to adequately disclose the risk that its processor IP would not be selected for use in the iPhone 5, which is scheduled to launch on September 21, 2012. On September 6, 2012, Audience announced that it was “unlikely” its products would be used in the newest iPhone and the Company’s stock price declined dramatically on the news.

If you purchased Audience common stock between May 10, 2012 and September 6, 2012 and have questions concerning your legal rights, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

Copyright Business Wire 2010

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