SOURCE: Holzer Holzer & Fistel, LLC

Holzer Holzer & Fistel, LLC

January 22, 2010 13:52 ET

Holzer Holzer & Fistel, LLC Announces That a Class Action Lawsuit Has Been Filed on Behalf of Investors in Koss Corporation

ATLANTA, GA--(Marketwire - January 22, 2010) - Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the Eastern District of Wisconsin on behalf of purchasers of Koss Corporation ("Koss" or the "Company") (NASDAQ: KOSS) who purchased shares between July 12, 2005 and December 21, 2009, inclusive (the "Class Period"). The lawsuit alleges, among other things, that certain Koss employees diverted Company funds and, according to the complaint, those same employees manipulated Koss's financial statements to conceal the fraud.

If you purchased shares of Koss common stock during the Class Period, 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 March 16, 2010. 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 Koss 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.