Press release
Investigation announced for Investors in shares of Harborside Inc. (OTC: HSDEF) over potential Wrongdoing
An investigation on behalf of current long term investors in Harborside Inc. (OTC: HSDEF) shares.
Investors who are current long term investors in Harborside Inc. (OTC: HSDEF) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in OTC: HSDEF stocks follows a lawsuit filed against Harborside Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: HSDEF stocks, concerns whether certain Harborside directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Oregon the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Harborside had undisclosed material weaknesses and insufficient financial controls, that Harborside’s previously issued financial statements were false and unreliable, that Harborside’s earlier reported financial statements would need restatement, that as a result of the foregoing and subsequent reporting delays, Harborside’s Canadian stock trading would be suspended, that Harborside downplayed the negative impacts of errors and delays regarding its financial statements, and that as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Harborside Inc. (OTC: HSDEF) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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