Press release
Investigation announced for Investors in shares of Zhongchao Inc. (NASDAQ: ZCMD) over potential Wrongdoing
An investigation on behalf of investors in Zhongchao Inc. (NASDAQ: ZCMD) shares over potential wrongdoing at Zhongchao Inc.
Investors who purchased shares of Zhongchao Inc. (NASDAQ: ZCMD) 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 concerns whether certain Zhongchao Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
China based Zhongchao Inc. provides healthcare information, education, and training services in China. Zhongchao Inc. reported that its annual Total Revenue rose from $12.86 million in 2018 to $14.88 million in 2019, and that its Net Income increased from $3.019 million in 2018 $4.047 million in 2019.
In February 2020, Zhongchao Inc. announced the pricing of its initial public offering. Zhongchao Inc. sold 3 million NASDAQ: ZCMD shares at $4.00 per share.
Since then shares of Zhongchao Inc. (NASDAQ: ZCMD) declined to as low as $1.59 per share on September 4, 2020.
Those who purchased shares of Zhongchao Inc. (NASDAQ: ZCMD) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in shares of Zhongchao Inc. (NASDAQ: ZCMD) over potential Wrongdoing here
News-ID: 2258876 • Views: …
More Releases from Shareholders Foundation
Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE: …
An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders…
Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …
An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced.
Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) 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…
Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …
An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements.
Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:…
Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025
A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc.
Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -…
More Releases for Zhongchao
Superfine Sluminum Hydroxide Market Forecast (2025-2031): CAGR of 10.3% | Huber, …
According to QY Research announces the release of 2025 latest report "Superfine Sluminum Hydroxide Market". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Superfine Sluminum Hydroxide market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for Superfine Sluminum Hydroxide was estimated to be worth US$ 2407 million…
Communication Cables Market Growth, Segments, And Forecast to 2033 Hangzhou Cabl …
Communication cables are essential for transmitting data, voice, and video signals over distances, and they come in various types designed for specific functions. Common types include coaxial cables, fiber optics, and twisted pair cables. Fiber optic cables, for instance, use light signals to achieve high-speed transmission and are immune to electromagnetic interference, making them ideal for long-distance communication. Twisted pair cables, such as Ethernet cables, are widely used for network…
Upcoming Opportunities in Ultra Fine Aluminium Hydroxide Market: Future Trend an …
The Latest Market Research Study by Worldwide Market Reports on "Ultra Fine Aluminium Hydroxide Market" is now released to provide a detailed overview of hidden gems performance analysis in recent years. The study has evaluated the future growth potential of the Ultra Fine Aluminium Hydroxide market and provides information and useful stats on market structure and size. The study covers an in-depth overview of market dynamics, segmentation, product portfolio, business…
EN Standard EV Charging Cable Market Key Factors, Current Trends Analysis, Busin …
Market Summary -
Los Angeles, (United States) - The global EN Standard EV Charging Cable market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global EN Standard EV Charging Cable market. For instance, the market dynamics…
Investigation announced for Investors in shares of Zhongchao Inc. (NASDAQ: ZCMD)
An investigation was announced over potential securities laws violations by Zhongchao Inc. in connection with certain financial statements.
Investors who purchased shares of Zhongchao Inc. (NASDAQ: ZCMD), 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 focuses on whether a series of statements by Zhongchao Inc. regarding its business, its prospects and its operations were materially false and…
Landscape Lamps - Global Market 2018 Analysis By Key Players – Jingri Lighting …
Landscape Lamps Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Get Exclusive FREE PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/9275
UpMarketResearch offers a latest published report on “Global Landscape Lamps Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to…
