Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of LeapFrog Enterprises, Inc. (“LeapFrog” or the “Company”) (NYSE:LF) concerning possible violations of federal securities laws. LeapFrog is a developer of educational entertainment for children, including the LeapPad family of learning tablets.

The investigation is related to allegations that the Company misrepresented or failed to disclose that: (1) the Company was experiencing a decline in consumer demand; (2) the launch and shipment of the Company’s new LeapTV video game system were delayed by developmental issues; (3) retailers were overstocked with the Company’s LeapPad products; (4) as a result, the Company lacked a reasonable basis for its financial guidance; and (5), as a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.

On January 22, 2015, after the close of trading, LeapFrog announced preliminary financial results for its 2014 fiscal third quarter. These financial results were significantly below the Company’s stated expectations and financial guidance. According to the Company, LeapFrog’s disappointing sales results were related to decreased demand for its products and development issues with the Company’s LeapTV educational video game system. Following this news, shares of LeapFrog declined nearly 35%, to close on January 23, 2015, at $2.55 per share, on unusually heavy volume.

If you purchased LeapFrog shares between May 5, 2014 and January 22, 2015, if you have information or would like to learn more about these claims, or if you have any questions

concerning this announcement or your rights or interests with respect to these matters, please

contact, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.