Lernout & Hauspie Rises on Announcement to Address Conflict of Interest - TheStreet

Beleaguered

Lernout & Hauspie

(LHSP)

rose 7.7% in preopen

Island

trading after the company said it would cut its links to an investment fund created by the company's founders amid concerns about a conflict of interest. The company plummeted recently due to a

Securities and Exchange Commission

investigation.