In the news release, Parlux Stockholder Claim Investigation by Securities Lawyers at Goldfarb Branham LLP, issued 03-Jan-2012 by Goldfarb Branham LLP over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "Securities lawyers at Goldfarb Branham LLP are investigating whether certain officers and directors of Parlux (NASDAQ: PARL) violated shareholder protection laws by agreeing to a sale of the company for $4.00 per share in cash and Perfumania stock for a total value of $170 million," rather than "Securities lawyers at Goldfarb Branham LLP are investigating whether certain officers and directors of Parlux (NASDAQ: PARL) violated shareholder protection laws by agreeing to a sale of the company for $4.00 per share in cash or Perfumania stock," as originally issued inadvertently. The complete, corrected release follows:

Parlux Stockholder Claim Investigation by Securities Lawyers at Goldfarb Branham LLP

DALLAS, Jan. 3, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb Branham LLP are investigating whether certain officers and directors of Parlux (NASDAQ: PARL) violated shareholder protection laws by agreeing to a sale of the company for $4.00 per share in cash and Perfumania stock for a total value of $170 million. Concerned Parlux investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com about their rights and remedies.

"After this acquisition, the Nussdorf family, that owns 82% of Perfumania shares and 11% of Parlux, are expected to own a majority of the company," said Hamilton Lindley. "Our proposed shareholder lawsuit seeks to ensure that the Parlux stockholders receive the most money and information that the law allows." 

Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Parlux investors – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@goldfarbbranham.com or 877-583-2855.

Hamilton Lindley

Goldfarb Branham LLP

2501 N. Harwood, Ste. 1801

Dallas, TX 75201

(877) 583-2855 Toll Free Telephone

(214) 583-2233 Local Phone Number

(214) 583-2234 Fax Number

hlindley@goldfarbbranham.com

www.goldfarbbranham.com

SOURCE Goldfarb Branham LLP

Copyright 2012 PR Newswire

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