INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of First Choice Healthcare Solutions, Inc. Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Apr 4, 2019--Law Offices of Howard G. Smith announces an investigation on behalf of First Choice Healthcare Solutions, Inc. investors (“First Choice” or the “Company”) (OTC: FCHS ) concerning the Company and its officers’ possible violations of federal securities laws.
On November 14, 2018, both a criminal indictment and civil action were filed by the US Department of Justice and Securities and Exchange Commission respectively against then-Chief Executive Officer, President, and Board Chairman Christian Romandetti, Sr., along with other alleged co-conspirators. Romandetti was charged regarding his connections with the arrangement of a multi-million dollar pump-and-dump scheme in which the price and volume of First Choice shares was falsely controlled through artificial generation of trading volume and price movements as well as materially false representations and omissions in communications with investors.
On this news, shares of First Choice fell $0.66 per share, or over 65%, to close at $0.35 on November 15, 2018, thereby injuring investors.
If you purchased First Choice securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190404005618/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2019.
PUB: 04/04/2019 12:16 PM/DISC: 04/04/2019 12:15 PM