Disclosure Insight Maintains Medium Risk Rating on Leap Wireless International

A report from D.I. reiterates its Medium Risk – Negative Bias on Leap Wireless International

. The report states, “Impairment charges; instability in the CFO and Chief Accounting Officer (CAO) positions accompanied by a history of accounting issues; patent infringement proceedings; and DOJ activity support our opinion of a Medium Risk - Negative Bias rating for LEAP”. LEAP closed yesterday at $6.88.