Press release
Long Term Investors who lost money with shares of Daktronics, Inc. (NASDAQ: DAKT) should contact the Shareholders Foundation

An investigation on behalf of current long term investors in Daktronics, Inc. (NASDAQ: DAKT) shares.
Investors who are current long term investors in Daktronics, Inc. (NASDAQ: DAKT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: DAKT stocks follows a lawsuit filed against Daktronics, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: DAKT stocks, concerns whether certain Daktronics, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that, the Defendants failed to disclose to investors: (1) that the Company was experiencing challenges that increased costs, including supply chain disruptions, that impacted Daktronics' ability to fund inventory levels and operations; (2) that, as a result, it was probable that some portion of the Company's deferred tax assets would not be realized; (3) that as a result, Daktronics was reasonably likely to record a material valuation allowance to its deferred tax assets; (4) that there were material weaknesses in the Company's internal controls over financial reporting related to income taxes; (5) that the foregoing presented liquidity concerns and there was substantial doubt as to the Company's ability to continue as a going concern; (6) as a result, Defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.
Those who purchased shares of Daktronics, Inc. (NASDAQ: DAKT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Long Term Investors who lost money with shares of Daktronics, Inc. (NASDAQ: DAKT) should contact the Shareholders Foundation here
News-ID: 3018859 • Views: …
More Releases from Shareholders Foundation
 
                                            
                                                    Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE:  …                                                
                                            
                                        
                                            An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders…  
                                        
                                     
                                            
                                                    Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …                                                
                                            
                                        
                                            An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced. 
Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…  
                                        
                                     
                                            
                                                    Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …                                                
                                            
                                        
                                            An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements.
Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:…  
                                        
                                     
                                            
                                                    Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025                                                
                                            
                                        
                                            A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc. 
Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -…  
                                        
                                    More Releases for Daktronics
                                                    LED Billboard Market 2017- Daktronics, Barco, Optec Display                                                
                                            
                                        
                                            Apex Research, recently published a detailed market research study focused on the "LED Billboard Market" across the global, regional and country level.  The report provides 360° analysis of "LED Billboard Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Billboard industry, and estimates the future trend of LED Billboard market…  
                                        
                                    
                                                    Daktronics Wins IDEA Allied Achievement Award                                                
                                            
                                        
                                            BROOKINGS, S.D. – February 25, 2010 – Daktronics was presented with the Information Display and Entertainment Association (IDEA) Allied Achievement Award during the Annual IDEA conference that took place 14-17 February in Tampa Bay, Fla. 
The Allied Achievement Award gives honor to a current Allied IDEA member organization for industry innovations, support of the large screen video industry, and support of the IDEA organization. The member organization has to be…  
                                        
                                    
                                                    Daktronics Display Lights up Hangzhou Tower Shopping Center                                                
                                            
                                        
                                            BROOKINGS, S.D. – Jan. 13, 2010 – Over the past few months, a new light emitting diode (LED) display of more than 3,300 linear meters (10,800+ feet) of PXS-62 LED freeform lighting elements, designed and manufactured by Daktronics Inc. of Brookings, S.D. (NASDAQ-DAKT), was installed on the outside of the Hangzhou Tower Shopping Center.
The LED lighting elements, attached to the façade of the two buildings, highlight local events and present…  
                                        
                                    
                                                    Historic Grand Rex lights up with Daktronics                                                
                                            
                                        
                                            Theatre Le Grand Rex, Paris, France, partnered with Daktronics Inc. of Brookings, S.D. (NASDAQ-DAKT) to light up the façade of its famous, historic building that was built in 1932. 
Daktronics manufactured and designed two vertical displays, featuring the latest LED video technology, that replaced fixed banners, previously used for promotion. The displays are approximately 11.8 meters high by 2.7 meters wide (39 feet high by nine feet wide) with pixels…  
                                        
                                    
                                                    Eastern Michigan Upgrades Stadium with Daktronics Displays                                                
                                            
                                        
                                            Brookings, S.D., announced that it has designed, manufactured and installed a new video, scoring and sound system on the campus of Eastern Michigan University in Ypsilanti, Mich. 
Since the start of this season, football fans at Rynearson Stadium have enjoyed an improved experience thanks to a new Daktronics light emitting diode (LED) video display, custom scoreboard and a Sportsound® 2000HD sound system. 
"This new scoreboard demonstrates the commitment Eastern Michigan…  
                                        
                                    
                                                    Rutgers University Installs Daktronics HD Football Display                                                
                                            
                                        
                                            BROOKINGS, S.D. – Oct. 20, 2009 – Scarlet Knights fans this season are being treated to a state-of-the-art, high definition video display at Rutgers Stadium. Daktronics Inc. (Nasdaq-DAKT) recently installed the new HD video display at Rutgers, the State University of New Jersey. 
Rutgers is currently in the midst of a $102 million expansion of the stadium to increase its seating capacity to 56,000. The LED displays are part of…