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Court certifies class in securities class action against Matrixx Initiatives, Inc.

July 31, 2012

Court certifies class in securities class action against Matrixx Initiatives, Inc.

On July 31, 2012, Chief District Court Roslyn O. Silver of the United States District Court for the District of Arizona appointed Faruqi & Faruqi, LLP Co-Class Counsel and certified the class in Shapiro v. Matrixx Initiatives, Inc., et al., Case No. CV-09-01479-PHX-ROS.

The Court certified the Class as:

All persons and entities who purchased or otherwise acquired the publicly traded common stock of Matrixx Initiatives, Inc. from December 22, 2007 through June 15, 2009, inclusive, and who were damaged thereby.  Excluded from the Class are Defendants and their respective officers, affiliates and directors, members of their immediate families and their legal representative, heirs, successors or assigns of any such excluded party and any entity in which Defendants have or had a controlling interest.

For further inquiries regarding this matter, please contact Richard Gonnello at rgonnello@faruqilaw.com or (212) 983-9330 or Francis McConville at fmcconville@faruqilaw.com or (212) 983-9330.

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