DALLAS, Aug. 28, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam announce an investigation of the board of DreamWorks Animation (NASDAQ: DWA). Concerned DWA investors who purchased between October 29, 2013 and July 29, 2014 are encouraged to contact securities attorney Hamilton Lindley by clicking here.
"On July 29, 2014, DreamWorks Animation disclosed that the Securities and Exchange Commission has been conducting an investigation related to the Company's prior write-down of film inventory for Turbo. The Company also reported a larger-than-projected 2014 second-quarter loss and sales that fell short of analysts' forecasts. Following this news, DreamWorks Animation shares fell nearly 12 percent, or $2.68 per share, on extremely heavy trading volume, to close at $19.98 on July 30, 2014," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that DreamWorks Animation works to enrich shareholders, not just the management."
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. DWA stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions or concerns or visit http://www.dunnamlaw.com/DWA.
SOURCE Dunnam & Dunnam