$10 million Textor loan to buy Digital Domain stocks questioned

John Textor, ex-CEO of Digital Domain Media Group (Source: TCPalm.com)

 

TCPalm.com reports that lawsuits filed against then-Digital Domain Media Group CEO John Textor and two underwriters last month have raised questions about some events surrounding the Port St. Lucie company becoming publicly traded in November 2011.

Three federal class-action lawsuits filed in September against Textor, other Digital Domain executives and underwriters Roth Capital Partners and Morgan Joseph TriArtisan also allege the $10 million loan wasn’t timely disclosed.

For the complete story: http://www.tcpalm.com/news/2012/oct/10/10-million-textor-loan-to-buy-digital-domain/

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