Glancy Prongay & Murray LLP (“GPM”) announces the filing of a class action lawsuit on behalf of investors who purchased Skullcandy, Inc. (“Skullcandy” or the “Company”) (NASDAQ: SKUL) securities between August 7, 2015 and January 11, 2016, inclusive (the “Class Period”). Injured investors are encouraged to contact Lesley Portnoy, Esq. to discuss their legal rights in this class action.

The complaint alleges that during the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose material facts, including: (1) that the Company issued false and misleading earnings guidance and (2) that the Company was experiencing challenges with its largest Chinese distributor. Additionally, the complaint further alleges that the aforementioned omissions and/or misleading statements led Skullcandy to trade at artificially inflated prices, permitting certain insiders to engage in unusual insider selling and the realization of proceeds in excess of $4 million.

If you purchased shares of Skullcandy during the Class Period, you have until April 12, 2016 to ask the Court to appoint you 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 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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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