DENVER, Nov. 8, 2006 (PRIMEZONE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock of Cirrus Logic, Inc. (Nasdaq:CRUS) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at kip@shumanberens.com, concerning their rights and interests regarding possible stock option backdating at the company.
Shuman & Berens LLP is investigating allegations concerning potentially improper backdating of Cirrus Logic, Inc. stock options granted to company employees. On October 27, 2006, the company reportedly received a letter from the Division of Enforcement of the United States Securities and Exchange Commission indicating that the Commission is conducting an informal investigation into the company's historical stock option practices.
For a free consultation regarding your rights and interests with respect to your Cirrus Logic, Inc. stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at kip@shumanberens.com.
Shuman & Berens LLP's attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation. For more information about Shuman & Berens LLP go to www.shumanberens.com.