Levi & Korsinsky, LLP Announces Class Action Lawsuit Against Cadence Design Systems Inc.

NEW YORK, Nov. 6, 2008 (LAWFUEL) — Levi & Korsinsky (“L&K”)
announces that a class action lawsuit has been filed on behalf of all
persons who purchased the common stock of Cadence Design Systems, Inc.
(“Cadence” or the “Company”) (Nasdaq:CDNS) between April 23, 2008 and
October 22, 2008 (the “Class Period”). The class action lawsuit was
filed in the United States District Court for the Northern District of
California. The Complaint alleges that during the Class Period, the
defendants misrepresented Cadence’s financial performance and
prospects, overstated its revenues, and caused it to file false and
misleading financial statements with the SEC. If you purchased Cadence
common stock during the Class Period and wish to obtain additional
information, please contact us at the number listed below or visit

L&K has experience in prosecuting investor securities litigation and an
extensive practice in actions involving financial fraud and represents
investors throughout the nation, concentrating its practice in
securities and shareholder litigation.

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