Glancy Prongay & Murray Commences Investigation on Behalf of Diamond Resorts International, Inc. Investors
05 Août 2016 - 6:44PM
Business Wire
Glancy Prongay & Murray LLP (“GPM”) announces an
investigation on behalf of investors of Diamond Resorts
International, Inc. (“Diamond Resorts” or the “Company”) (NYSE:
DRII) concerning the Company and its officers’ possible violations
of federal securities laws. GPM is preparing a lawsuit on behalf of
injured investors.
Diamond Resorts operates in the hospitality and vacation
ownership industry in the continental United States, Hawaii,
Canada, Mexico, the Caribbean, Central America, South America,
Europe, Asia, Australia, New Zealand and Africa.
On August 1, 2016, Diamond Resorts announced the postponement of
the release of its second quarter 2016 results. According to the
Company’s independent public accountant, Diamond Resorts “may not
have correctly applied the relative sales value inventory valuation
model in the preparation of its consolidated financial statements
for 2014 and subsequent periods.”
If you purchased Diamond Resorts securities, have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire,
of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California
90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160805005655/en/
Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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