BENSALEM, Pa. -- (Business Wire)

Law Offices of Howard G. Smith announces that it is investigating potential claims against DGSE Companies Inc. (“DGSE” or the “Company”) (AMEX:DGSE) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company between August 14, 2007 and April 16, 2012, regarding DGSE’s business, operations and financial condition were false and misleading.

DGSE, together with its subsidiaries, buys and sells jewelry, bullion products, and rare coins to wholesale and retail customers in the United States. Specifically, the investigation relates to DGSE’s April 16, 2012, disclosure that the Company’s board of directors had determined the existence of certain accounting irregularities beginning during DGSE’s 2007 second calendar quarter and continuing in all subsequent periods, which could affect financial information reported since that time. According to the Company, the accounting irregularities were the result of improper accounting of inventory and other balance sheet accounts by its former Chief Financial Officer. On this news, the trading of DGSE common stock was halted by the American Stock Exchange.

If you purchased DGSE securities between August 14, 2007 and April 16, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Contacts:

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Source: Law Offices of Howard G. Smith