The Law Offices of Frank R. Cruz Announces Investigation of Dolphin Entertainment, Inc. (DLPN) on Behalf of Investors
LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Dolphin Entertainment, Inc. (“Dolphin” or the “Company”) (NASDAQ: DLPN) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On April 1, 2021, Dolphin reported that it could not timely file its fiscal 2020 annual report because it needed “additional time . . . to prepare the calculations to properly record certain revenue transactions.” The Company also stated that it expects to “continue to report material weaknesses in its internal control over financial reporting as of December 31, 2020.” Dolphin…