NEW YORK, Oct. 20, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds investors of the November 6, 2012 lead plaintiff deadline in the class action lawsuit filed by the firm on behalf of investors who purchased the common stock of DGSE Companies, Inc. (NYSE:DGSE) during the period from April 15, 2011 to April 17, 2012 (the "Class Period") seeking to recover damages for violations of the federal securities laws.
To join the DGSE 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 firstname.lastname@example.org for information on the class action. The lawsuit filed by the firm is pending in the U.S. District Court for the Northern District of Texas.
The Complaint asserts violations of the federal securities laws against DGSE and certain of its officers and directors for issuing materially false and misleading financial information. The Complaint asserts that during the Class Period defendants falsely attested to the accuracy of DGSE's financial statements filed with the SEC. On April 16, 2012 the Company announced that investors could no longer rely on its financial statements dating back to 2007 and continuing through the third quarter of 2011, as those financial statements must be restated. As a result, the NYSE AMEX halted all trading in DGSE stock, rendering DGSE's stock illiquid and damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than November 6, 2012. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at email@example.com. You may also visit the firm's website at http://rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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CONTACT: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm P.A. 275 Madison Avenue, 34th Floor New York, New York 10016 Tel: (212) 686-1060 Weekends Tel: (917) 5628616 Toll Free: 1-866--767-3653 Fax: (212) 202-3827 firstname.lastname@example.org email@example.com www.rosenlegal.comSource: The Rosen Law Firm PA PC