LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24FCHS&src=ctag” target=”_blank”gt;$FCHSlt;/agt; lt;a href=”https://twitter.com/hashtag/ClassAction?src=hash” target=”_blank”gt;#ClassActionlt;/agt;–The
Schall Law Firm, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
First Choice Healthcare Solutions, Inc. (“First Choice” or “the
Company”) (OTC: FCHS)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. First Choice hired Elite Stock Research, Inc. to inflate the
price of the Company’s stock by touting it to investors using false
promotions. First Choice’s former CEO, President, and Chairman of the
Board of Directors, Christian Romandetti, Sr., participated in the
scheme, and personally profited from unlawful paid promotion. The scheme
violated the Company’s internal compliance policies, code of ethics, and
disclosure policy. Based on these facts, the Company’s public statements
were false and materially misleading throughout the class period. When
the market learned the truth about First Choice, investors suffered
If you are a shareholder who suffered a loss, click
here to participate.
We also encourage you to contact Brian Schall, or Rina Restaino, of the
Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm’s website at www.schallfirm.com,
or by email at [email protected].
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.