INVESTOR ALERT: Investigation of Diamond Resorts International, Inc. Announced by Law Offices of Howard G. Smith
03 August 2016 - 4:30PM
Business Wire
Law Offices of Howard G. Smith 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.
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 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.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160803005386/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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