other material
confidence high
sentiment neutral
materiality 0.60
DBGI retains Christian Attar and ShareIntel to investigate naked short selling and market manipulation
Digital Brands Group, Inc.
- Retained law firm Christian Attar and engaged ShareIntel in June 2026 to investigate potential illegal trading activity.
- Internal review of trading patterns raised concerns including naked shorting, spoofing, market manipulation, and collusion.
- Suspected violations also include multiple breaches of the 4.99% beneficial ownership rule and use of foreign silent partners as nominees.
- Company intends to provide evidence to DOJ, SEC, and Ontario Securities Commission; ShareIntel will track shareholder data.