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LeapFrog sued by shareholder

By LocalLabs News Service
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SAN FRANCISCO (Legal Newsline) – A man brought a class action lawsuit against LeapFrog Enterprises on Jan. 23 alleging securities fraud.

Abere Newett filed the suit against the educational toy maker, its CEO John Barbour and Chief Financial Officer Raymond L. Arthur, alleging they failed to properly advise the public of its financial status.

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