Lernout & Hauspie Down on Probe - TheStreet

Lernout & Hauspie Down on Probe

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Speech technology company

Lernout & Hauspie

(LHSP)

fell 21.8% in preopen

Island

trading after it said the

Securities and Exchange Commission

is investigating its previous financial statement. The investigation comes a month after the Belgium-based company began an audit of itself after reports of discrepancies in its sales information.