Digital Generation Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers

  Digital Generation Shareholder Alert: Briscoe Law and Powers Taylor
  Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

Business Wire

DALLAS -- May 17, 2013

Former United States Securities and Exchange Commission attorney Willie
Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation
firm of Powers Taylor, LLP announce that a federal class action lawsuit has
been filed against Digital Generation, Inc. (“Digital” or “Company”)
(NasdaqGS: DGIT). The firms are investigating additional legal claims against
the officers and Board of Directors of Digital during the period of June 20,
2011 and February 19, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit
or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC,
(214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary
Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, Digital and certain of its
officers and directors were charged with violating certain provisions of the
Securities Exchange Act of 1934. Specifically, the complaint alleges that
among other things, defendants misrepresented and/or failed to disclose that:
(a) the Company’s online division was grossly underperforming, and well below
the value reported to investors; (b) the Company cloaked its declining revenue
base with past acquisitions; (c) in order to bolster its appearance as an
attractive acquisition target the Company had vastly overpaid for its
acquisition of Media Mind, Inc. and other online segments; (d) the Company was
not sufficiently poised for a strategic partnership or buyout; and (e) as a
result of the above, the Company’s financial statements were materially false
and misleading at all applicable times. According to the complaint, when the
Company announced it had failed to approve any transaction for buyout or
strategic alternative as well as an additional $11.4 million write-down of its
recently acquired online segments, the Company’s shares plummeted.

Shareholder rights attorney Willie Briscoe said, “Recent revelations about
alleged improper business practices and procedures regarding key aspects of
Digital’s business and other misleading financial statements have prompted the
firms to investigate possible breaches of fiduciary duties and other
violations of state law by Digital’s officers and directors. Based on our
investigation, we are prepared to pursue litigation to preserve the company
and the value of Digital stock for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation, commercial
transaction, and public advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zachary Groover, 877-728-9607
zach@powerstaylor.com