InvestorsHub Logo
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

Re: drsandcrs post# 3073

Wednesday, 03/20/2013 3:51:59 PM

Wednesday, March 20, 2013 3:51:59 PM

Post# of 3162
Is this the move at DGIT Meruelo made?

Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Digital Generation, Inc.

NEW YORK, March 20, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Digital Generation, Inc. ("Digital Generation" or the "Company") (NasdaqGS: DGIT -News). The investigation focuses on whether the Company and its executives violated federal securities laws.

On February 19, 2013, shares of Digital Generation fell $2.53 or 28% to close at $6.45 after the company announced its failure to find a buyer or strategic partner and on the company's fourth quarter and 2012 annual report, where annual consolidated revenue decreased by 4% year to year, and the company took a $20.8 million loss, including a $11.4 million goodwill impairment charge. The 2012 loss from continuing operations (including a goodwill impairment charge of $219.6 million) was $238.8 million.

http://ih.advfn.com/p.php?pid=nmona&article=56826843




Learn something new every time you invest...and take it with you to the next opportunity.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.