Lernout & Hauspie Down on Earnings Shortfall Due to 'Distractions' and Management Changes - TheStreet

Lernout & Hauspie

(LHSP)

, already hurt by an ongoing

Securities and Exchange Commission

investigation, fell 13% in preopen

Island

trading after it said third-quarter earnings and revenue would fall below analysts' expectations due to "distractions" and management changes.