An investigation for investors in Del Taco Restaurants Inc (NASDAQ:TACO) shares over potential securities laws violations by Del Taco Restaurants Inc was announced and NASDAQ:TACO stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/01/2017 -- Del Taco Restaurants Inc is under investigation over possible securities laws violations. The investigation was announced on behalf of investors in NASDAQ:TACO shares in connection certain financial statements made by Del Taco Restaurants.
Investors who purchased shares of Del Taco Restaurants Inc (NASDAQ:TACO), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Del Taco Restaurants Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 12, 2017, a report was published on alleging that Del Taco Restaurants Inc. (NASDAQ:TACO) overstated its EBITDA by as much as 20% and its income before taxes by as much as 38% by inappropriately capitalizing expenses related to store maintenance. Shares of Del Taco Restaurants Inc (NASDAQ:TACO) closed on April 18, 2017 at $12.84 per share.
Those who purchased shares of Del Taco Restaurants Inc have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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