Digital Brands Group hires Christian Attar law firm to probe suspected naked short selling of shares
DBGI•Investigation into suspected trading irregularities
Digital Brands Group launched an investigation into potential naked short selling or other market manipulation in its common stock.
Christian Attar, a Houston-based firm focused on market-manipulation and naked-short matters, was retained on July 6, 2026 to lead the probe.
The review targets persistent fails-to-deliver, settlement imbalances, volume anomalies tied to suspected off-exchange activity, including between Nasdaq DBGI and Frankfurt S8W.
Potential escalation to regulators and clearing firms
DBG plans to send compliance demands to clearinghouses and prime brokers, citing a zero-tolerance stance on abusive trading practices.
It warned of potential complaints to the SEC, FINRA, and congressional committees if settlement close-outs are not executed.
