DBGI Launches Legal Actions & Investigation on Naked Shorts, Retains Christian Attar & ShareIntel to Expose Naked Shorting, Spoofing, Market Manipulation, Collusion, Acting in Concert, Violations of 4.99% Rule, and Using Foreign Partners as Nominees

DBGI Corp. (NASDAQ:DBGI) a publicly traded company specializing in eCommerce and fashion today announced that announces that the Company has retained the law firm of Christian Attar, a recognized market manipulation and naked short litigation firm located in Houston, Texas, to an investigation of any potential naked short selling or other market manipulation of common shares of Digital Brands Group.

Additionally, the Company engaged Shareholder Intelligence Services, LLC (ShareIntel) in June 2026 to support efforts to investigate and address potentially illegal trading activity. This includes suspected naked short selling and market manipulation involving the Company’s common stock.

The decision to engage Christian Attar and ShareIntel follows an internal review of trading patterns that raised concerns regarding potential violations of securities laws, including naked shorting, spoofing, market manipulation, collusion, acting in concert, multiple violations of the 4.99% rule, using foreign silent partners as nominees and transfer agent discrepancies.