SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Violations of Federal Securities Laws by Certain Officers and Directors of Skullcandy, Inc.

NEW YORK--(BUSINESS WIRE)--

Levi & Korsinsky announces it has commenced an investigation of Skullcandy, Inc. SKUL concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.

After the market closed on January 11, 2016, Skullcandy cut its guidance for the fourth quarter, saying it expects fourth-quarter earnings of $0.20-$0.22 a share, down from a previously-forecast $0.38-$0.40 per share. Skullcandy cited "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." Upon this news, shares of Skullcandy fell from a close of $4.55 on January 11, 2016, to close at $3.26 per share the following day. To obtain additional information, go to:

http://zlk.9nl.com/skullcandy-skul

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

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