INVESTOR ALERT: Rosen Law Firm Announces Filing of Securities Class Action
Against Digital Generation, Inc. - DGIT
NEW YORK -- May 7, 2013
The Rosen Law Firm today announced that a class action lawsuit has been 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 firstname.lastname@example.org or email@example.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 firstname.lastname@example.org or email@example.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.
The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Toll Free: 1-866-767-3653
275 Madison Avenue, 34^th Floor
New York, New York 10016
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