Lernout & Hauspie Soars 34% as Probe Advances - TheStreet

Embattled speech technology company

Lernout & Hauspie

(LHSP)

was up 34.2% in midmorning after it said late Thursday it would release information to the

Securities and Exchange Commission

, which is investigating the company's financial statements.

The SEC will receive details on investors in companies formed to finance Lernout & Hauspie products.