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… Fourth One by Bronstein, Gewirtz & Grossman

Concerning potential violations of federal securities laws

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of OCZ Technology Group, Inc., concerning potential violations of federal securities laws.

The investigation is related to allegations that certain statements issued by the company between July 10, 2012 and October 10, 2012 concerning OCZ’s business and financial performance were false and misleading. On October 10, 2012, Shares of OCZ dropped nearly 42% in premarket after the company said it notified the Securities and Exchange Commission to extend its filing deadline for its second quarter, which ended Aug. 31, because its financial statements are under review.

Also, the company announced in a press release that the “Q2’13 revenue will be materially lower than the September 5th preliminary revenue range of $110 to $120 million.” It said the effects of the customer incentive programs were discovered after the company issued its latest guidance.

Shares of the company dropped $1.27 to close at $1.88 per share.

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