INVESTOR ALERT: Glancy Binkow & Goldberg LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Aga...

Glancy Binkow & Goldberg LLP reminds investors of LeapFrog Enterprises, Inc. (“LeapFrog” or the “Company”) (NYSE:LF) that purchasers of LeapFrog securities between May 5, 2014 and January 22, 2015, inclusive (the “Class Period”), have until March 24, 2015, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit filed in the United States District Court for the Northern District of California.

LeapFrog is a developer of educational entertainment for children. The Company’s product portfolio consists of multimedia learning platforms and learning toys. The Company has developed a number of learning platforms, including the LeapPad family of learning tablets, the Leapster family of handheld learning game systems, and the LeapReader reading and writing systems. The Complaint alleges that defendants made false and/or misleading statements and/or failed to disclose to investors that: (1) the Company was experiencing a decline in consumer demand; (2) the launch and shipment of the Company’s new LeapTV video game system were delayed by developmental issues; (3) retailers were overstocked with the Company’s LeapPad products; (4) as a result, the Company lacked a reasonable basis for its financial guidance; and (5), as a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.

On January 22, 2015, after the close of trading, LeapFrog announced preliminary financial results for its 2014 fiscal third quarter. These financial results were significantly below the Company’s stated expectations and financial guidance. According to the Company, LeapFrog’s disappointing sales results were related to decreased demand for its products and development issues with the Company’s LeapTV educational video game system. Following this news, shares of LeapFrog declined nearly 35%, to close on January 23, 2015, at $2.55 per share, on unusually heavy volume.

If you are a member of the Class described above, you may move the Court no later than March 24, 2015, to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at [phone], by e-mail to [e-mail], or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg LLP, Los Angeles, CALesley [e-mail]