SOURCE: Dyer & Berens LLP

Dyer & Berens LLP

January 20, 2010 11:40 ET

Dyer & Berens LLP Announces Lead Plaintiff Deadline in Class Action Lawsuit Filed on Behalf of Certain Investors Who Purchased Koss Corporation Securities -- KOSS

DENVER, CO--(Marketwire - January 20, 2010) - Dyer & Berens LLP ( today announced that a class action lawsuit has been filed in the United States District Court for the Eastern District of Wisconsin on behalf of investors who purchased Koss Corporation securities (NASDAQ: KOSS) between July 12, 2005 and December 21, 2009, inclusive (the "Class Period").

For a free consultation regarding your rights and interests as a Koss shareholder, you may contact Jeffrey A. Berens, Esq. at (888) 300-3362 x302, (303) 861-1764, or via email at

If you purchased Koss securities during the Class Period, you may, no later than March 16, 2010, request that the court appoint you as a lead plaintiff for the class. A lead plaintiff is a class member that acts on behalf of other investors in directing the litigation. Members of the putative class may seek appointment through counsel of their choice, or may choose to do nothing and remain absent class members. Although investors' ability to share in any recovery is not affected by their decision to seek appointment, lead plaintiffs make important decisions which could affect the overall recovery for class members.

The complaint charges that defendants made false and misleading statements, and/or failed to disclose, among other things, that: (i) the company lacked adequate internal and financial controls; (ii) the company's financial statements and corporate bank account balances had been manipulated to conceal the diversion of corporate funds; and (iii) as a result, the company's financial results were overstated and not prepared in compliance with Generally Accepted Accounting Principles during the Class Period.

To review a copy of the complaint, please contact Dyer & Berens LLP via telephone or email, or go to our website at While the firm did not file the initial complaint in this matter, it specializes in complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors.

Contact Information

  • Contact:
    Jeffrey A. Berens
    Dyer & Berens LLP
    303 East 17th Avenue, Suite 300
    Denver, CO 80203
    Tel: (888) 300-3362 x302 or (303) 861-1764
    Email: Email Contact