SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Decision Diagnostics Corp. and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm
THE ANGEL–(BUSINESS WIRE) – Schall Law Firm, a national shareholder rights law firm, announces the filing of a class action lawsuit against Decision Diagnostics Corp. (“Decision Diagnostics” or “the Company”) (OTC: DECN) known for violating Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5 by the US Securities and Exchange Commission.
Investors who purchased the Company’s securities between March 3, 2020 and December 17, 2020 (including the “Class Period”) are advised to contact the Company by March 16, 2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights at no charge. You can also contact us on the company’s website at www.schallfirm.com or by email at email@example.com.
In this case, the class has not yet been certified and you will not be represented by a lawyer until certification. If you don’t take action, you can remain an absent class member.
According to the complaint, the company made false and misleading statements to the market. Decision Diagnostics couldn’t come up with a viable COVID-19 test of any kind, let alone a test that could detect the virus in less than a minute. The company was unable to meet the FDA’s EUA testing requirements for the alleged COVID-19 test. Despite this inability to meet FDA requirements, the company announced an unrealistic time to market for its tests. Because of these facts, the company’s public statements were false and materially misleading throughout the teaching period. When the market learned the truth about Decision Diagnostics, investors suffered damage.
Join the case to make up for your losses.
Schall law firm represents investors around the world and specializes in class and shareholder disputes.
This press release may be viewed as a solicitor advertisement in some jurisdictions under applicable laws and ethical rules.