DALLAS, May 17, 2012 /PRNewswire/ --Securities lawyers at Goldfarb LLP are investigating officers and directors of KIT Digital, Inc. (NASDAQ: KITD) for violating shareholder protection laws in connection with a recent SEC filing regarding alleged material deficiencies. Concerned KITD investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their rights and remedies.
"After subpoenas were issued by the SEC against the Kit Digital and its former chairman/CEO Kaleil Isaza Tuzman, shares fell by 30%," said Hamilton Lindley. "Our proposed shareholder lawsuit seeks to ensure the proper controls are placed and that accurate information is disclosed to investors of the company."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. KITD stockholders - or anyone with knowledge about this situation - should contact lawyer Hamilton Lindley at hlindley@goldfarbllp.com or 877-583-2855 with questions or concerns.
Hamilton Lindley
Goldfarb LLP
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Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
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www.goldfarbllp.com
SOURCE Goldfarb LLP
