Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In The Dolan Company (DOLNQ) To Contact The Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in The Dolan Company (“Dolan” or the “Company”) (OTC: DOLNQ) of the September 23, 2014 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against Dolan and certain executives.
A complaint has been filed in the District of Minnesota on behalf of all persons who purchased Dolan securities between August 1, 2003 and January 2, 2014, inclusive (the “Class Period”).
The complaint alleges that the Company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and prospects.
Specifically, the action alleges that during the Class Period, Dolan made false and/or misleading statements and/or failed to disclose that: (i) that the Company’s operating results and financial condition had been deteriorating; and (ii) that Dolan was no longer a going concern.
On January 2, 2014, the Company disclosed that the NYSE had sent a continued listing standards notice because the price of Dolan’s common stock had fallen below the NYSE’s minimum share price rule.
Following this news, the price of the Company’s stock declined by $0.14, or over 20%, to close at $0.55 on January 3, 2014.
If you invested in Dolan stock or options between August 1, 2003 and January 2, 2014, and would like to discuss your legal rights, you can contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Dolan’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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