Glancy Prongay & Murray LLP (“GPM”) reminds investors that a class action complaint has been filed on behalf of a class of investors of QLogic Corporation (“QLogic” or the “Company”) (Nasdaq: QLGC) who purchased shares between April 30, 2015 and July 30, 2015, inclusive (the “Class Period”). QLogic investors have until November 27, 2015 to file a lead plaintiff motion. Investors with losses of over $50,000 are encouraged to contact GPM to discuss their legal rights.

QLogic designs and supplies server and storage networking infrastructure products that provide, enhance, and manage computer data communication. These products facilitate the transfer of data and enable resource sharing between servers, networks, and storage. The Company’s products are used in enterprise, managed service provider, consumer web, and cloud service provider data centers. The Company’s products are based primarily on Fibre Channel and Ethernet technologies and are used in connection with storage networks, local area networks, and converged networks.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company was being adversely impacted by lower than expected demand due to weakness in its enterprise server and storage markets; (2) that the Company was being negatively impacted by operational issues including an inventory build-up at a major OEM customer; (3) that, as such, the Company’s financial results were being negatively impacted; and (4) that, as a result of the foregoing, the Company’s statements about its business, operations, and prospects lacked a reasonable basis. Upon disclosure of these issues the Company’s securities declined sharply in value, thereby damaging investors.

If you purchased QLogic securities during the Class Period you may move the Court no later than November 27, 2015 to request appointment as lead plaintiff. If you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

About the Firm: GPM has represented investors, consumers and employees for 25 years. Based in Los Angeles with offices in New York City and Berkeley, the Firm has successfully prosecuted class action cases and complex litigation in federal and state courts throughout the country. As Lead Counsel or as a member of Plaintiffs’ Counsel Executive Committees, the Firm has recovered billions of dollars for parties wronged by corporate fraud and malfeasance.

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