A substantial LOGI stock drop from March to May prompted an investigation on behalf of investors in shares of Logitech International SA (USA) (NASDAQ:LOGI) over possible violations of Federal Securities Laws.

The investigation by a law firm concerns on whether the Logitech International SA (USA) or others have violated federal securities laws by issuing a series of statements between October 27, 2010 and April 1, 2011, inclusive, regarding Logitechs business, its prospects and its operations that were materially false and misleading at the time they were made.

Logitech International SA (USA) reported over the past four 12months filing periods relatively consistent 12months Total Revenue ranging from $1.966billion to $2.379billion. Logitech International SA (USA) was able to increase its 12months Total Revenue from $1.966billion reported on March 31, 2010 to $2.362billion reported on March 31, 2011.
On the other hand its Net Income over the past four 12months filing periods fell from $231.03million to $128.46million. However Logitech International SA (USA) was able to increase its Net Income from $64.96million reported on March 31, 2010 to $128.46million reported on March 31, 2011.

Shares of Logitech International SA (USA) fell from as high as $37.07 in 2007, respectively as high as $32.93 in 2008 to $8.01 per share during March 2009. Since then LOGI shares increased to over $20 until the end of 2010.

However, shares of Logitech International SA (USA) fell from almost $20 per share during Marhc 2011 to under $13 in May after Logitech International SA (NASDAQ:LGI) lowered its 2011 fiscal year outlook in the beginning of April.