NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Del Taco Restaurants, Inc. (NASDAQ:TACO) concerning possible violations of federal securities laws.
On April 12, 2017, Seeking Alpha published a report on Del Taco asserting, among other allegations, that Del Taco is overstating EBITDA by as much as 20% and Net Income by as much as 38% by capitalizing normal expenses and understating the true cost of opening new franchises. On this news, shares of Del Taco fell sharply during intraday trading on April 12, 2017. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.