An investigation on behalf of investors in Digital Media Solutions, Inc. (NYSE: DMS) shares over potential wrongdoing at Digital Media Solutions, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 06/20/2023 -- An investigation was announced over potential breaches of fiduciary duties by certain directors at Digital Media Solutions, Inc.
Investors who purchased shares of Digital Media Solutions, Inc. (NYSE: DMS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Digital Media Solutions, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Clearwater, FL based Digital Media Solutions, Inc. operates as a digital performance marketing company that offers a software delivery platform in the United States. Digital Media Solutions, Inc. reported that its annual Total Revenue declined from $427.93 million in 2021 to $391.14 million in 2022, and that its Net Income of $2.2 million in 2021 turned to a Net Loss of $31.95 million in 2022.
Shares of Digital Media Solutions, Inc. (NYSE: DMS) declined from $2.09 per share in October 2022 to as low as $0.57 per share on May 3, 2023.
Those who purchased shares of Digital Media Solutions, Inc. (NYSE: DMS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.