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Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Travelzoo Inc.
[August 12, 2011]

Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Travelzoo Inc.


WAYNE, Pa. --(Business Wire)--

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/tzoo) announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Travelzoo (News - Alert) Inc. ("Travelzoo" or the "Company") (NASDAQ: TZOO) between April 21, 2011 and July 21, 2011, inclusive (the "Class Period").

For more information regarding this class action suit, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at [email protected] or visit: www.rmclasslaw.com/cases/tzoo.

Travelzoo Inc., an Internet media company, publishes travel and entertainment offers from various travel and entertainment companies in North Amrica and Europe. The Complaint alleges violations of the federal securities laws against Travelzoo and its officers and directors for issuing materially false and misleading financial statements to investors concerning the Company's business and prospects.

On July 21, 2011, defendants revealed that the Company was performing well below expectations, with revenues well below estimates, and expenses exceeding estimates. On this news, shares of Travelzoo stock declined more than 30 percent, from a closing price of $85.71 per share on July 20, 2011, to $56.00 per share the following day.

If you are a member of the class, you may, no later than October 11, 2011, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Ryan & Maniskas, LLP or other counsel of your choice, to serve as your counsel in this action.


For more information about the case or to participate online, please visit: www.rmclasslaw.com/cases/tzoo or contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218, or by e-mail at [email protected]. For more information about class action cases in general or to learn more about Ryan & Maniskas, LLP, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.


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