Irish E-learning group Riverdeep confirmed it is not under investigation by the US Securities and Exchange Commission.
The denial comes in response to recent press reports.
Earlier in the month, Riverdeep announced its decision to relinquish its listing on the US-based Nasdaq exchange in favour of a primary listing in Dublin and a possible listing in London.
The company said the voluntary delisting, which is to occur tomorrow, was designed to consolidate trading liquidity on one market.
A further stimulus is thought to have come from the volatility of the Nasdaq exchange, where Riverdeep has been the subject of much short trading in recent times.
PA
