The Law Firm of Levi & Korsinsky Notifies Investors With Losses on Their Investment in FriendFinder Networks, Inc. of Class Action Lawsuit and the Deadline of January 16, 2012 to Seek a Lead Plaintiff Position

Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Florida on behalf of investors who purchased FriendFinder Networks, Inc.

pursuant and/or traceable to the Company's Registration and Prospectus issued in connection with the Company's May 11, 2011 initial public offering. According to the Company's Registration Statement and Prospectus, there would be approximately 26.7 million common shares outstanding after the May Offering, including at least 20.9 million shares subject to a 180-day lock-up period, during which the shares could not be traded. The complaint alleges that these statements were false and misleading when made because a material number of the Restricted Shares were publicly traded during the lock-up period. Furthermore, the complaint alleges that the Company was suffering from deficient internal controls and was, therefore, unable to abide by the terms of the Registration Statement and Prospectus.