Investigation announced for Long-Term Investors in Champignon Brands Inc. (OTC: SHRMF) over potential Wrongdoing at Champignon Brands Inc

Certain directors of Champignon Brands Inc are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Champignon Brands Inc. (OTC: SHRMF) 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: SHRMF stocks follows a lawsuit filed against Champignon Brands Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: SHRMF stocks, concerns whether certain Champignon Brands 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/or failed to disclose that Champignon Brands Inc. had undisclosed material weaknesses and insufficient financial controls, that Champignon Brands Inc’s previously issued financial statements were false and unreliable, that Champignon Brands Inc’s earlier reported financial statements would need to be restated, that Champignon Brands Inc’s acquisitions involved an undisclosed related party, that as a result of the foregoing and subsequent reporting delays and issues, the British Columbia Securities Commission would suspend Champignon’s from trading, and that as a result, defendants’ statements about Champignon’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times

Those who purchased shares of Champignon Brands Inc. (OTC: SHRMF) 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.