Case: Fusion-io, Inc.

Attorneys: Pamela A. Mayer

January 26, 2012 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) has been investigating Salt Lake City, Utah-based Fusion-io, Inc. (“Fusion-io” or “Company”) (NYSE: FIO) for potential violations of the federal securities laws. Investors who purchased Fusion-io’s common stock, including investors in the Company’s November 2011 secondary offering of common stock may be affected.

On January 24, 2012 after the market closed, Fusion-io reported its fiscal second quarter financial results. Among other things, the Company stated in its January 24 press release that “[n]on-GAAP gross margin for the fiscal second quarter 2012 was 51.1% compared to 58.8% for the same quarter of 2011” and reported a net loss of $5.7 million for the quarter. Additionally during the conference call also held on January 24, 2012, the Company reported that its second quarter gross margin of 51.1% was down from 63.3% in the prior quarter and that for the third fiscal quarter of 2012 “[n]on-GAAP gross margin is expected to be in the range of 50% “.

On January 25, 2012, Fusion-io’s common stock declined by $4.84 per share, nearly 16%, to close at $25.50 per share on heavy volume.

If you purchased Fusion-io’s common stock and would like to discuss our investigation, please e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it .