It seems that investigations and lawsuits against companies, both large and small, citing securities fraud are growing. It could be a result of too much greed and too little oversight, but the fear of relaying bad news to investors and shareholders is often what's highest on the list.

We are currently investigating Cadence Design Systems, the world's leading electronic design automation (EDA) company, based on reports the company misled investors by issuing false and inflated reports about the company's financial health.

Allegedly, the company improperly reported $24 million in revenue during the first and second quarter of 2008. What the company failed to tell investors and shareholders was that some of that revenue wouldn't be earned until later in the year.

This is something we've seen time and time again and investigations and lawsuits such as this are a large part of our securities practice at HBSS.

We recently began a new blog targeted specially at securities litigation, corporate fraud and all the other financial woes that arise in this realm of litigation. A partner in our San Francisco office penned a post on the Cadence investigation. I encourage you all to take a look and continue to follow the blog regularly at www.hbsslaw.com/blog/hagens-berman-blog.

As for this investigation into Cadence, we'll keep you posted on the Web site, this blog and on www.hbsslaw.com/blog/hagens-berman-blog.