Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Skullcandy Inc (NASDAQ: SKUL) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Skullcandy Inc (NASDAQ: SKUL) concerning whether a series of statements by Skullcandy Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 11, 2016, when the market closed, Skullcandy Inc disclosed “disappointing holiday results, combined with the impact on gross margin from product mix shift driven by a higher percentage of gaming headset sales during the holiday season.” The Company also disclosed that it expects fourth quarter earnings of $0.25-$0.22 per share, below prior guidance of $0.38-$0.40 per share.

Following this news, Skullcandy Inc shares declined 28.35% on January 12, 2016.

Based in Park City, Utah, and founded in 2003 Skullcandy Inc is engaged in designing, marketing, and distributing audio and gaming headphones, earbuds, speakers, and other accessories.

If you purchased shares of Skullcandy Inc (NASDAQ: SKUL) on or before January 11, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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