DEADLINE APPROACHING: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against DS Healthcare Group, Inc. and Encourages Investors with Losses In Excess of $50,000 to Contact the Firm

IRVINE, CA / ACCESSWIRE / May 26, 2016 / Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against DS Healthcare Group, Inc. (“DS Healthcare Group” or the “Company”) (DSKX). Investors who purchased or otherwise acquired shares between May 15, 2014 and April 3, 2016, inclusive (the “Class Period”), are encouraged to contact the Firm prior to the May 31, 2016, lead plaintiff motion deadline. If you purchased shares of DS Healthcare Group during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, the Company failed to disclose that: (1) the unaudited financial statements for the fiscal quarters ended June 30, 2015 and September 30, 2015 did not properly recognize revenues related to some DS Healthcare patrons; and (2) the unaudited financial statements for the two fiscal quarters ended June 30, 2015 and September 30, 2015 had equity transactions for the periods ended June 30, 2015 and September 30, 2015 that were not reviewed in accordance with GAAP.

If you purchased shares of DS Healthcare Group during the Class Period, you have until May 31, 2016 to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

KHANG & KHANG LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

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