Maybe Avid's in trouble, but these might just be troll law firms. Take the first law firm, Hagens Berman, and do a Google News search:
http://bit.ly/YL2Uvr
That one firm announces a whole bunch of these sorts of investigations every month. Could be all these firms are just shaking a tree and hoping some fruit drops near them. They're just trying to drum up business.
I'd guess the real battle right now isn't between these firms and Avid, but between these firms themselves as they fight to line up investors to represent.
Jim Feeley
PS- IIRC, we talked about this a few weeks ago. There were probably plenty of better analyses than mine.
On Mar 28, 2013, at 8:37 PM, op wrote:
> gulp!
>
> http://www.4-traders.com/AVID-TECHNOLOGY-INC-8498/news/Avid-Technology-Inc-Investor-Alert-Hagens-Berman-Notifies-Avid-Technology-Inc-Investors-of-Cl-16587728/
>
> http://www.4-traders.com/AVID-TECHNOLOGY-INC-8498/news/Avid-Technology-Inc-Bernstein-Liebhard-LLP-Announces-That-A-Securities-Class-Action-Lawsuit-Has-16588479/
>
> http://www.4-traders.com/AVID-TECHNOLOGY-INC-8498/news/Avid-Technology-Inc-Glancy-Binkow-Goldberg-LLP-Announces-Class-Action-Lawsuit-Against-Avid-Tec-16583483/
>
> http://www.4-traders.com/AVID-TECHNOLOGY-INC-8498/news/Avid-Technology-Inc-Avid-Announces-Receipt-of-Anticipated-NASDAQ-Letter-16565703/
>
> http://www.4-traders.com/AVID-TECHNOLOGY-INC-8498/news/Avid-Technology-Inc-Faruqi-Faruqi-LLP-Encourages-Investors-Who-Suffered-Substantial-Losses-In-16375722/
>
> http://www.marketwatch.com/story/block-leviton-llp-investigates-avid-technology-inc-and-certain-of-its-officers-and-directors-for-possible-violations-of-the-federal-securities-laws-2013-02-28
>
> Owen
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