Holzer Holzer & Fistel, LLC Announces That It Has Filed a Class Action Lawsuit on Behalf of Investors in Cirrus Logic, Inc.

Holzer Holzer & Fistel, LLC Announces That It Has Filed a Class Action Lawsuit 
on Behalf of Investors in Cirrus Logic, Inc. 
ATLANTA, GA -- (Marketwire) -- 02/07/13 --  Holzer Holzer & Fistel,
LLC has filed a class action lawsuit in the United States District
Court for the Southern District of New York on behalf of purchasers
of Cirrus Logic, Inc. ("Cirrus" or the "Company") (NASDAQ: CRUS) who
purchased shares between July 31, 2012 and October 31, 2012. The
lawsuit alleges, among other things, Cirrus and certain of its
officers violated the federal securities laws by issuing false and
misleading statements during the Class Period that, according to the
complaint, failed to adequately disclose: (i) Cirrus's dependence on
Apple, Inc. (its biggest customer) for revenues was increasing rather
than diminishing; (ii) Cirrus's sales growth was falling rather than
increasing; (iii) difficulties in Cirrus's supply chain and at its
vendors were increasing costs and diminishing the Company's profit
margins going forward; (iv) the launch of several models of Cirrus's
new LED lighting had been delayed; and (v) as a result, defendants
knew Cirrus's increased fiscal 2013 guidance was not attainable. 
If you purchased Cirrus common stock between July 31, 2012 and
October 31, 2012, you have the legal right to petition the Court to
be appointed a "lead plaintiff." A lead plaintiff is a representative
party that acts on behalf of other class members in directing the
litigation. Any such request must satisfy certain criteria and be
made no later than April 5, 2013. Any member of the purported class
may move the Court to serve as lead plaintiff through counsel of
their choice, or may choose to do nothing and remain an absent class
member. If you are a Cirrus investor and would like to discuss a
potential lead plaintiff appointment, or your rights and interests
with respect to the lawsuit, you may contact Michael I. Fistel, Jr.,
Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com,
or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832. 
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that
dedicates its practice to vigorous representation of shareholders and
investors in litigation nationwide, including shareholder class
action and derivative litigation. More information about the firm is
available through its website, www.holzerlaw.com and upon request
from the firm. Holzer Holzer & Fistel, LLC has paid for the
dissemination of this promotional communication, and Michael I.
Fistel, Jr. is the attorney responsible for its content. 
CONTACT: 
Michael I. Fistel, Jr., Esq.
Marshall P. Dees, Esq.
Holzer Holzer & Fistel, LLC
200 Ashford Center North, Suite 300
Atlanta, GA 30338
(888) 508-6832 (toll-free)
mfistel@holzerlaw.com
mdees@holzerlaw.com 
 
 
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