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LOS ANGELES--([ BUSINESS WIRE ])--Glancy Binkow & Goldberg LLP announces that all purchasers of the common stock of DGSE Companies Inc. (aDGSEa or the aCompanya) (NYSE MKT:DGSE) between April 15, 2011 and April 17, 2012, inclusive (the aClass Perioda), have until November 6, 2012 to file a motion with the Court to be appointed as lead plaintiff. The securities fraud class action lawsuit was filed in the United States District Court for the Northern District of Texas.

DGSE, together with its subsidiaries, buys and sells jewelry, bullion products and rare coins to wholesale and retail customers in the United States. The Company offers finished jewelry, gem stones and gold jewelry components, as well as custom jewelry to order and jewelry repair services. The Complaint alleges that DGSE misrepresented and/or failed to disclose material adverse facts concerning the Companyas business, operations and prospects.

On April 16, 2012 the Company filed a Form 8-K with the Securities and Exchange Commission announcing that the Companyas financial statements for the periods ended December 31, 2007, 2008, 2009, and 2010 could no longer be relied upon -- including the interim quarterly periods between the second quarter of 2007 through and including the third quarter of 2011 -- and had to be restated.

According to the Complaint, the Form 8-K accused the Companyas then aformer Chief Financial Officera of engaging in improper accounting of inventory and other balance sheet accounts which caused the restatement. Consequently, on April 17, 2012 NYSE AMEX halted trading in DGSE stock, effectively rendering it illiquid.

If you purchased DGSE common stock between April 15, 2011 and April 17, 2012, you may move the Court no later than November 6, 2012 to serve as Lead Plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take action at this time; you may retain counsel of your choice or take no action and remain an absent Class member. To [ learn more ] about this action, or if you have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to [ shareholders@glancylaw.com ], or visit our website at [ http://www.glancylaw.com. ]

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