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Daily Journal Rebuts Activist Allegations, Defends Governance and Accounting

Story Highlights
  • Daily Journal defended its software accounting, rejected governance accusations, and denounced Buxton Helmsley’s coercive activist campaign.
  • The company referred Buxton Helmsley and its CEO to authorities, affirming confidence in its financial reporting and board oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Daily Journal Rebuts Activist Allegations, Defends Governance and Accounting

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The latest update is out from Daily Journal ( (DJCO) ).

On December 26, 2025, Daily Journal Corporation publicly responded to a series of letters and emails sent since July 2025 by Buxton Helmsley USA and its CEO, Alexander Erwin Parker, accusing the company of improper software development cost accounting and governance failures, and seeking board seats and a lucrative consulting arrangement despite holding at most a token share position. The company detailed what it describes as a coercive campaign involving threats of disciplinary referrals against its directors, CFO, auditor, and management to force a cooperation agreement and potential control of the board, and said it has referred Buxton Helmsley and Parker to federal and state authorities for possible criminal prosecution and to the SEC for potential civil action. Daily Journal firmly rejected the accounting and disclosure allegations, emphasized that its treatment of software development costs under ASC 985-20 has been vetted by a third-party expert and its auditor, and reiterated that its leadership changes, including the retirement of its longtime CFO, are unrelated to Parker’s claims, signaling a strong defense of its financial reporting integrity and a willingness to confront what it views as activist overreach aimed at destabilizing the company’s governance.

The most recent analyst rating on (DJCO) stock is a Buy with a $469.00 price target. To see the full list of analyst forecasts on Daily Journal stock, see the DJCO Stock Forecast page.

Spark’s Take on DJCO Stock

According to Spark, TipRanks’ AI Analyst, DJCO is a Outperform.

Daily Journal’s strong financial performance and attractive valuation are the most significant factors contributing to its overall score. The company’s robust balance sheet and low P/E ratio suggest financial stability and potential undervaluation. However, technical indicators show a neutral trend, which tempers the overall score.

To see Spark’s full report on DJCO stock, click here.

More about Daily Journal

Daily Journal Corporation operates as a publishing and technology company, historically known for its legal and business newspapers and increasingly focused on court and legal software systems. Its primary products and services include news publications and software solutions for courts and justice agencies, with a market focus on government and legal-sector clients that rely on accurate reporting, robust financial controls, and regulatory compliance.

Average Trading Volume: 257,376

Technical Sentiment Signal: Strong Buy

Current Market Cap: $712.1M

See more data about DJCO stock on TipRanks’ Stock Analysis page.

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