Leapfrog Write-offs

A federal judge <strong><a href="http://www.courthousenews.com/wp-content/uploads/2017/02/Leapfrog-MTD-Order.pdf">ruled</a></strong> Friday that while disappointing holiday sales justified Leapfrog's write-offs in the second quarter of 2013, the company hasn't offered a good enough explanation for a business forecast about-face to fully dodge a securities fraud class action.

SAN FRANCISCO – A federal judge ruled Friday that while disappointing holiday sales justified Leapfrog’s write-offs in the second quarter of 2013, the company hasn’t offered a good enough explanation for a business forecast about-face to fully dodge a securities fraud class action.

Categories / Courts, Securities

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