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SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their Investment in Avid Technology, Inc. of Class Action

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their 
Investment in Avid Technology, Inc. of Class Action Lawsuit and
the Deadline of May 24, 2013 to Seek a Lead Plaintiff Position 
NEW YORK, NY -- (Marketwired) -- 04/23/13 --  Levi & Korsinsky
announces that a class action lawsuit has been commenced in the
United States District Court for the District of Massachusetts on
behalf of investors who acquired Avid Technology, Inc. ("Avid" or
"the Company") (NASDAQ: AVID) stock between April 22, 2011 and
February 22, 2013. 
For more information, click here:
http://zlk.9nl.com/avid-technology/.  
The Complaint alleges that throughout the Class Period defendants
made false and/or misleading statements or failed to disclose
materially adverse facts about the Company's business, operations and
prospects. Specifically, defendants misrepresented or failed to
disclose that: (a) the Company incorrectly accounted for its Software
Updates by failing to properly treat the Software Updates as
post-contract customer support under U.S. Generally Accepted
Accounting Principles; (b) the Company lacked adequate internal and
financial controls; and (c) as a result of the foregoing, the
Company's statements were materially false and misleading at all
relevant times.  
If you suffered a loss in Avid you have until May 24, 2013 to request
that the Court appoint you as lead plaintiff. Your ability to share
in any recovery doesn't require that you serve as a lead plaintiff.
To obtain additional information, contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (877) 363-5972, or
visit http://zlk.9nl.com/avid-technology/. 
Levi & Korsinsky is a national firm with offices in New York, New
Jersey and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. Attorney advertising. Prior results do not
guarantee similar outcomes. 
CONTACT: 
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor 
New York, NY 10004 
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com 
 
 
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