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DGSE Companies DGSE Securities Lawsuit

Company: DGSE Companies
Ticker Symbol: DGSE
Class Period: Apr-15-11 to Apr-17-12
Date Filed: Sep-10-12
Lead Plaintiff Deadline: Nov-9-12
Court: Northern District of Texas
New York, NY: A securities class action lawsuit has been filed on behalf of investors who purchased the common stock of DGSE Companies, Inc. (NYSE:DGSE) during the period from April 15, 2011 to April 17, 2012 (the "Class Period") seeking to recover damages for violations of the federal securities laws. No Class has yet been certifired in this action.

The Complaint asserts violations of the federal securities laws against DGSE and certain if its officers and directors for issuing materially false and misleading financial information. The Complaint asserts that during the Class Period defendants falsely attested to the accuracy 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.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

DGSE Companies DGSE Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible DGSE Companies securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.
Published on Sep-11-12


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