Investigation announced for Long-Term Investors in shares of Decision Diagnostics Corp. (OTC: DECN)

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Decision Diagnostics Corp..

Investors who are current long term investors in Decision Diagnostics Corp. (OTC: DECN) 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 inOTC: DECN stocks follows a lawsuit filed against Decision Diagnostics Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: DECN stocks, concerns whether certain Decision Diagnostics 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 Central District of California the plaintiff alleges that the Defendants made false and/or misleading statements and failed to disclose to investors that Decision Diagnostics had not developed any viable COVID-19 test, much less a test that could detect COVID-19 in less than one minute, that the Company could not meet the FDA's EUA testing requirements for its purported COVID-19 test, that accordingly, Defendants had misrepresented the timeline within which it could realistically bring its COVID-19 test to market; (iv) all the foregoing subjected Defendants to an increased risk of regulatory oversight and enforcement, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of Decision Diagnostics Corp. (OTC: DECN) 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.