A Deadline is coming up on September 30, 2014 in the lawsuit for investors in Dreamworks Animation Skg Inc (NASDAQ:DWA) and NASDAQ:DWA stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWire) -- 09/08/2014 --A deadline is coming up on September 30, 2014 in the lawsuit filed for investors of Dreamworks Animation Skg Inc (NASDAQ:DWA) over alleged Violations of Federal Securities Laws by Dreamworks Animation Skg.

Investors who purchased shares of Dreamworks Animation Skg Inc (NASDAQ:DWA) have certain options and there are strict and short deadlines running. Deadline: September 30, 2014. Dreamworks Animation Skg Inc (NASDAQ:DWA) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Dreamworks Animation Skg Inc (NASDAQ:DWA) common shares between October 29, 2013 and July 29, 2014, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 29, 2013 and July 29, 2014 Defendants made allegedly false and/or misleading statements and/or failed to disclose that Dreamworks Animation Skg Inc improperly accounted for the Turbo movie prior to the write-down, that Dreamworks Animation Skg Inc improperly accounted for the write-down related to the Turbo movie, that Dreamworks Animation Skg Inc lacked adequate internal and control over financial reporting, and that as a result of the above, the Company's financial statements were materially false and misleading at all relevant times.

On July 29, 2014, , during a conference call with analysts, Dreamworks Animation Skg Inc revealed that the Company is under investigation by the Securities and Exchange Commission for the $13.5 million write-down the studio took in February in relation to the poor performance of Turbo. Shares of Dreamworks Animation Skg Inc (NASDAQ:DWA) declined from $22.66 per share on July 29, 2014, to $19.20 per share on July 30, 2014.

On September 4, 2014, NASDAQ:DWA shares closed at $22.90 per share.

Those who purchased shares of Dreamworks Animation Skg Inc (NASDAQ:DWA) 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