According to a press release an investigation on behalf of Insight Enterprises, Inc. (NASDAQ: NSIT) investors concerning possible securities violations concerning possible securities violations in relation to certain public statements made by the Company between March 11, 2004 and February 6, 2009.

According to the press release the investigation by a law firm focuses on the Insight Enterprisess announcement that it had identified errors in its accounting for aged trade credits.

In a press release issued on February 9, 2009, Insight Enterprises revealed that the NSIT's management and Audit Committee had determined that Insight Enterprises will have to restate its previously reported earnings. Insight Enterprises further disclosed that the error relates to the release of certain aged trade credits from its balance sheet to its statement of earnings prior to the complete release of the underlying liabilities under applicable legal requirements. Insight Enterprises has announced that it expects to restate financial statements included in the Company's most recently filed Annual Report on Form 10-K, for the year ended December 31, 2007, and in the Quarterly Reports on Form 10-Q for the first three quarters of fiscal year 2008. According to the Company, the restatement will include a material reduction of retained earnings as of December 31, 2004, related to the accumulation of such errors in prior periods. Insight Enterprises has disclosed that the cumulative effect of the restatement is expected to be $50 million to $70 million, before consideration of any tax effects. Moreover, Insight Enterprises expects that the final settlement of these liabilities may take multiple years and may eventually be settled for less than the estimated liability.

On this news, Insight Enterprises shares declined by $2.85 per share, more than 48%, to close on February 9, 2009, at $3.05 per share.