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DRII Diamond Resorts International, Inc.

30.22
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Diamond Resorts International, Inc. NYSE:DRII NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 30.22 0 01:00:00

Glancy Prongay & Murray Commences Investigation on Behalf of Diamond Resorts International, Inc. Investors

05/08/2016 5:44pm

Business Wire


DIAMOND RESORTS INTERNATIONAL, I (NYSE:DRII)
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Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of investors of Diamond Resorts International, Inc. (“Diamond Resorts” or the “Company”) (NYSE: DRII) concerning the Company and its officers’ possible violations of federal securities laws. GPM is preparing a lawsuit on behalf of injured investors.

Diamond Resorts operates in the hospitality and vacation ownership industry in the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa.

On August 1, 2016, Diamond Resorts announced the postponement of the release of its second quarter 2016 results. According to the Company’s independent public accountant, Diamond Resorts “may not have correctly applied the relative sales value inventory valuation model in the preparation of its consolidated financial statements for 2014 and subsequent periods.”

If you purchased Diamond Resorts securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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