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ROSEN, A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Decision Diagnostics Corp. – DECN
ROSEN, A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Decision Diagnostics Corp. – DECN.
About this update from Decision Diagnostics Corp
[{"type":"text","content":"\nRosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Decision Diagnostics Corp. (OTC: DECN) between March 3, 2020 and December 17, 2020, inclusive (the \"Class Period\"). The lawsuit seeks to recover damages for Decision Diagnostics investors under the federal securities laws.\n\nTo join the Decision Diagnostics class action, go to http://www.rosenlegal.com/cases-register-2009.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.\n\nAccording to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Decision Diagnostics had not developed any viable COVID-19 test, much less a test that could detect COVID-19 in less than one minute; (2) Decision Diagnostics could not meet the U.S. Food and Drug Administration’s emergency use authorization testing requirements for its purported COVID-19 test; (3) accordingly, defendants had misrepresented the timeline within which Decision Diagnostics could realistically bring its COVID-19 test to market; (4) all of the foregoing subjected defendants to an increased risk of regulatory oversight and enforcement; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.\n\nA class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 16, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-2009.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].\n\nNO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY...