Digital Brands Group launches probe into suspected naked short selling of shares

Digital Brands Group, Inc.

DBGI

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Digital Brands Group retained Houston law firm Christian Attar to investigate potential naked short selling, spoofing, market manipulation in its common shares.
ShareIntel was engaged in June 2026 to analyze shareholder data, trading, settlement, beneficial ownership across brokers, clearing agents, custodians.
Internal review flagged unusual trading patterns, including suspected 4.99% rule breaches, nominee use via foreign partners, transfer agent discrepancies.
Evidence and records are expected to be provided to authorities, including the U.S. SEC, Department of Justice, Ontario Securities Commission.

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