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Faruqi & Faruqi, LLP Announces Investigation Of Potential Securities Fraud At Digital Domain Media Group Inc


Friday, 5 Oct 2012 09:30pm EDT 

Faruqi & Faruqi, LLP, a national securities law firm, announced that it is investigating potential securities fraud at Digital Domain media Group Inc. The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) the Company was unable to raise capital and fund its operations; (2) the Company's substantial "burn rate" threatened DDMG's ability to continue as a going concern; and (3) the Company would be unable to meet its operating expenses. 

Company Quote

0.012
-0.0070 -36.84%
24 Jul 2014