DG Systems said its board “affirmed its support” for Scott Ginsburg as its chairman and CEO.
Last week a panel of U.S. circuit court judges reinstated an earlier insider-trading jury verdict against Ginsburg, former CEO of Evergreen Media, in a case involving stock tips to family members about stock in EZ Communications and Katz Media. The jury found that he had violated SEC rules and was liable for a $1 million civil penalty. The case didn’t involve DG Systems.
DG Systems and its StarGuide division are a supplier of digital media exchange services.
DG Systems Will Stick With Ginsburg Despite Legal Setback
DG Systems Will Stick With Ginsburg Despite Legal Setback