Law Offices Of David J. Stern P.A., conspiracy, djsp enterprises, featured, foreclosures, insider, investigation
***BREAKING NEWS*** David J. Sterns “DJSP Enterprises, Inc” under INVESTOR INVESTIGATION
Posted on13 June 2010. Tags: dinsfla, djsp enterprises, foreclosures, investigation, Investor, law office of David J. Stern pa, law offices of david J. stern plantation florida 33324, securities law violation
I recently made a post about Shares of DJSP Enterprises Get SLAMMED….FALL 25%. Are we seeing a DownTrend?
Stock fell from $13.65 to $4.94 in 5 months!!!
I guess now we know what may be happening…Stay tuned as I will be watching closely!Investigation on behalf of investors in DJSP Enterprises, Inc (NASDAQ:DJSP) over possible securities laws violations – Contact the Shareholders Foundation, Inc
mail@shareholdersfoundation.com
FOR IMMEDIATE RELEASE
PRLog (Press Release) – Jun 01, 2010 – An investigation on behalf of investors in DJSP Enterprises, Inc (NASDAQ:DJSP) securities over possible violations of Federal Securities Laws by DJSP Enterprises was announced.
If you are an investor in DJSP Enterprises, Inc (NASDAQ:DJSP) securities, you have certain options and you should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.
DJSP Enterprises, Inc., located in Plantation, Florida, through its subsidiary, DAL Group, LLC, engages in providing non-legal services supporting residential real estate foreclosure, other related legal actions, and lender owned real estate services in the United States. DJSP Enterprises, Inc reported in 2009 Total Revenue of $260.269million with a Net Income of $44.565million. According to the investigation by a law firm the investigation on behalf of investors in DJSP stock focuses on the following events. On May 28, 2010, DJSP Enterprises declined by $2.59, or 29.2%, to $6.28 after DJSP Enterprises posted weaker-than-expected first-quarter results and warned investors of a full-year earnings shortfall. DJSP Enterprises said it had a first-quarter adjusted profit of 35 cents a share, which was a nickel below the Thomson Reuters average estimate.
DJSP Enterprises said that in April one of its largest bank clients initiated a foreclosure system conversion that cut the number of foreclosures. Because of the foreclosure system conversion and the U.S. government’s steps to prevent foreclosures, DJSP Enterprises said it expects full-year earnings of $1.29 to $1.36 a share, which is below consensus. Volume topped 3.13 million shares, compared to the 50-day average daily volume of 190,000, so the investigation. Shares of DJSP Enterprises, Inc (DJSP) traded recently at $6.38 per share, down from its 52weekHigh of $13.65 per share.
Those who are investors in DJSP Enterprises, Inc (NASDAQ:DJSP) securities, you have certain options and you should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.
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The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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