Pawar Law Group Announces Investigation of Securities Claims Against Del Taco Restaurants, Inc. – TACO

NEW YORK, NY / ACCESSWIRE / April 12, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of Del Taco Restaurants, Inc. (NASDAQ: TACO) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

On April 12, 2017, Seeking Alpha published a report on Del Taco asserting, among other things, that it is overstating EBITDA by as much as 20% and Net Income by as much as 38% by capitalizing normal expenses and understating to Wall-Street the true cost of opening new franchises. On this news, shares of Del Taco fell sharply during intraday trading on April 12, 2017.

Our investigation concerns whether the Company issued false and misleading statements to investors causing investor losses. If you own Company shares and wish to learn how to protect your investment and recover your losses in Company stock, please visit http://pawarlawgroup.com/cases/del-taco-restaurants-inc/
or contact Vik Pawar at 212-571-0805.

Contact:

Vik Pawar, Esq.

Pawar Law Group

20 Vesey Street, Suite 1210

New York, NY 10007

Tel: (212) 571-0805

Fax: (212) 571-0938

vik@pawarlawgroup.com

SOURCE: Pawar Law Group

ReleaseID: 459633