Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against OCZ Technology Group, Inc.

  Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class
  Action Lawsuit Against OCZ Technology Group, Inc.

Business Wire

LOS ANGELES -- November 10, 2012

The Law Offices of Todd M. Garber announces that shareholders of OCZ
Technology Group, Inc. (“OCZ” or the “Company”) (NASDAQ:OCZ) have until
December 10, 2012 to move for lead plaintiff status in the shareholder lawsuit
filed in the United States District Court for the Northern District of
California. The lawsuit was filed on behalf of a class (the “Class”)
comprising all persons or entities who purchased the securities of OCZ between
July 10, 2012 and October 11, 2012, inclusive (the “Class Period”).

OCZ engages in the design, manufacture and distribution of high-performance
solid-state storage solutions and premium computer components. The Complaint
alleges that throughout the Class Period the Company and certain of its
executive officers made false and/or misleading statements and/or failed to
disclose that: (1) the Company was providing extraordinary customer incentives
in excess of what was normal and customary in the past; (2) the Company was
improperly accounting for customer incentive programs; (3) as a result, the
Company’s financial results were misstated during the Class Period; (4) the
Company lacked adequate internal and financial controls; (5) as a result,
defendants’ statements were materially false and misleading; and (6) as a
result of the foregoing, defendants’ positive statements about OCZ’s business,
operations and prospects lacked a reasonable basis.

If you are a member of the above-described Class, you may move the Court no
later than December 10, 2012 to serve as lead plaintiff; however, you must
meet certain legal requirements. To be a member of the Class you need not take
any action at this time. You may retain counsel of your choice or take no
action and remain an absent Class member. If you wish to discuss this action
or have any questions concerning this Notice or your rights or interests with
respect to these matters, please contact Todd M. Garber, Esquire, of the Law
Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to
info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contact:

Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
213-700-7262
info@toddgarberlaw.com
 
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