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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Zacks Investment Research Inc.
Provider: Zacks Investment Research Inc.

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Federman & Sherwood Announces Securities Class Action Lawsuit Against Officers And Directors Of Digital Domain Media Group, Inc.

Friday, 21 Sep 2012 10:13am EDT 

On September 20, 2012, a class action lawsuit was filed in the United States District Court for the Southern District of Florida against Digital Domain Media Group, Inc. . The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is November 18, 2011 through September 6, 2012. 

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