DMC Global Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
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CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The Complaint alleges that the Company made deceptive and misleading statements to the market. DMC Global inflated the goodwill related to Arcadia Products due to negative events affecting that business segment. The Company failed to implement and maintain proper internal systems and processes necessary for efficient operations. As a result of these deficiencies, the Company’s public guidance and disclosures were both inaccurate and incomplete. Given these facts, the Company’s statements to the public were false and materially misleading throughout the class period. When the truth about DMC Global was revealed, investors incurred financial losses.
