LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces a class action lawsuit has been filed against DS Healthcare Group, Inc. (“DS Healthcare” or the “Company”) (Nasdaq: DSKX) concerning possible violations of federal securities laws between August 13, 2015 and March 23, 2015. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the May 31, 2016, lead plaintiff motion deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, the Company failed to disclose that: (1) the unaudited financial statements for the fiscal quarters ended June 30, 2015 and September 30, 2015 did not properly recognize revenues related to some DS Healthcare patrons; and (2) the unaudited financial statements for the two fiscal quarters ended June 30, 2015 and September 30, 2015 had equity transactions for the periods ended June 30, 2015 and September 30, 2015 that were not reviewed in accordance with GAAP.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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