LOS ANGELES -- (Business Wire)
The Wagner Firm announces that it has filed a lawsuit in the United
States District Court for the District of Minnesota on behalf of former
investors of The Dolan Company (“Dolan” or the “Company”) (OTC:DOLN)(OTC:DOLNQ).
The lawsuit seeks recovery of investment losses from certain former
officers of the Company on behalf of a purported plaintiff class of
purchasers of Dolan’s securities between the period August 1, 2013 and
January 2, 2014, inclusive.
Former Dolan investors are encouraged to contact Avi Wagner at
310-491-7949 or by e-mail at info@thewagnerfirm.com
to discuss this matter.
Dolan provided professional services and business information to legal,
financial, and real estate sectors in the United States. The lawsuit
alleges that certain former officers of the Company violated federal
laws by, among other things, failing to disclose that Dolan’s operating
results and financial condition were deteriorating, which resulted in
the Company no longer being a going concern.
On January 2, 2014, the Company announced that, among other things, it
had received a continued listing standards notice from the New York
Stock Exchange. On this news, shares of Dolan declined $0.14 per share,
20.29%, to close on January 3, 2014, at $0.55 per share, on unusually
heavy volume. As a result of Dolan’s subsequent bankruptcy, the
Company’s common stock has been cancelled.
If you purchased Dolan securities between August 1, 2013 and January 2,
2014, you have 60 days from the date of this Notice, to move the Court
to serve as lead plaintiff, if you meet certain legal requirements. To
be a member of the plaintiff class you need not take any action at this
time; you may retain counsel of your choice or take no action and remain
an absent member of the plaintiff class. If you wish to learn more about
this action or receive a copy of the complaint, please contact Avi
Wagner, Esquire, of The Wagner Firm, 1925 Century Park East, Suite 2100,
Los Angeles, California 90067, at 310-491-7949, by e-mail at info@thewagnerfirm.com,
or visit our website at http://thewagnerfirm.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts:
The Wagner Firm, Los Angeles
Avi Wagner, 310-491-7949
info@thewagnerfirm.com
www.thewagnerfirm.com
Source: The Wagner Firm
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