The Rosen Law Firm Reminds Digital Generation, Inc. Investors of Important Class Action Deadline -- DGIT
24 Mayo 2013 - 8:39PM
The Rosen Law Firm reminds investors of the July 1, 2013 deadline
in the class action lawsuit filed on behalf of all purchasers of
the securities of Digital Generation, Inc., (Nasdaq:DGIT) between
June 20, 2011 and February 19, 2013.
To join the Digital Generation class action, go to the website
at http://rosenlegal.com or call Phillip Kim, Esq. or Kevin Chan
toll-free at 866-767-3653 or email pkim@rosenlegal.com or
kchan@rosenlegal.com for information on the class action.
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 ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
The complaint alleges that Defendants concealed Digital
Generation's true financial condition. Specifically, the lawsuit
claims Digital Generation's public statements to investors were
false and misleading because: (i) the Company's online segment was
grossly underperforming, and well below the value reported to
investors; (ii) past acquisitions had masked the Company's
declining revenue base; (iii) the Company had vastly overpaid for
its acquisition of Media Mind, Inc. and other online segments in
order to appear to be an attractive acquisition target; and (iv)
the Company was not sufficiently poised for a strategic partnership
or buyout. The complaint asserts that when the market slowly
learned of these adverse facts, investors suffered substantial
losses.
A class action lawsuit has already been filed on behalf of
Digital Generation shareholders. If you wish to serve as lead
plaintiff, you must move the Court no later than July 1, 2013.
If you wish to join the litigation or to discuss your rights
or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm focuses on prosecuting securities class
action litigation and actions involving financial fraud. The
Rosen Law Firm represents investors throughout the globe
concentrating its practice in securities class actions.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan
The Rosen Law Firm P.A.
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
275 Madison Avenue, 34th Floor
New York, New York 10016
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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