NEW YORK, July 20, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A.
announced today that is has filed a class action lawsuit against Ignite
Restaurant Group, Inc. (NYSE:IRG) alleging that Ignite made false
statements of material fact in its prospectus issued in connection with
the Company's May 10, 2012 initial public offering (the "IPO"). If you
purchased your Ignite shares in the IPO or between May 10, 2012 and
July 18, 2012, inclusive, you may recover your investment losses in the
class action.

To join the Ignite class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at
866-767-3653; you may also email pkim@rosenlegal.com for information on
the class action. The action filed by the Rosen Law Firm is pending in
the U.S. District Court for the Southern District of Texas.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE.
YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS
MEMBER.

The Complaint alleges that the Ignite's IPO documents contained false
financial statements because the Company improperly accounted for
leases. The complaint asserts that when the market learned of this
adverse information, the price of Ignite shares dropped, damaging
investors.

If you wish to serve as lead plaintiff, you must move the Court no
later than September 18, 2012. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. To join the class action, please visit the website at
http://rosenlegal.com. You may also contact Phillip Kim, Esq. or
Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or
via e-mail at pkim@rosenlegal.com or jhorne@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.


CONTACT: Phillip Kim, Esq.
         Jonathan Horne, Esq.
         The Rosen Law Firm P.A.
         275 Madison Avenue 34th Floor
         New York, New York 10016
         Tel:  (212) 686-1060
         Weekends Tel: (917) 797-4425
         Toll Free: 1-866-767-3653
         Fax: (212) 202-3827
         pkim@rosenlegal.com
         jhorne@rosenlegal.com
         www.rosenlegal.com