NEW YORK, Oct. 1, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at DGSE Companies Inc. ("DGSE" or the "Company") (NYSE MKT: DGSE).
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The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that they had 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 the Company's financial statements dating back to 2007 and continuing through the third quarter of 2011, as those financial statements had to be restated. As a result, the Complaint alleges that the NYSE AMEX halted all trading in DGSE stock, rendering DGSE's stock illiquid and damaging investors.
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Take Action
If you purchased DGSE stock or options between April 15, 2011 and April 17, 2012 and would like to discuss your legal rights, visit www.faruqilaw.com/DGSE. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com or fmcconville@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding DGSE's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Francis McConville, Esq.
fmcconville@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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