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INVESTOR ALERT: Rosen Law Firm Reminds Global Digital Solutions, Inc. Investors of Important Deadline in Class Action - GDSI
INVESTOR ALERT: Rosen Law Firm Reminds Global Digital Solutions, Inc. Investors of Important Deadline in Class Action - GDSI.
About this update from Global Digital Solutions, Inc.
[{"type":"text","content":"\n\n\n\nINVESTOR ALERT: Rosen Law Firm Reminds Global Digital Solutions, Inc. Investors of Important Deadline in Class Action - GDSI\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nINVESTOR ALERT: Rosen Law Firm Reminds Global Digital Solutions, Inc. Investors of Important Deadline in Class Action - GDSI\nPR Newswire\nNEW YORK, Sept. 7, 2016\n\n\n\nNEW YORK, Sept. 7, 2016 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of Global Digital Solutions, Inc. securities (OTC: GDSI) from October 8, 2013 through August 12, 2016, inclusive (the \"Class Period\") of the important October 24, 2016 lead plaintiff deadline in the class action filed by the firm. The lawsuit seeks to recover damages for Global Digital investors under the federal securities laws.\n\n\nTo join the Global Digital class action, go to the website at http://www.rosenlegal.com/cases-937.html or call Phillip Kim, Esq. or Kevin Chan, 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) Airtronic USA, Inc.'s original equipment manufacturer supplier agreement that Global Digital disclosed in its press releases in October, 2013 did not exist; (2) Global Digital failed to remove these misleading statements from its website despite repeated requests to do so from the CEO of Airtronic; (3) Global Digital lacked a reasonable basis for its revenue projection for 2014; (4) Global Digital had no credible financing in place to acquire any company; (5) Global Digital received various communications indicating Remington Outdoor Company, Inc. had no interest in Global Digital's unsolicited acquisition offer; (6) Remington had already rejected Global Digital's offer on several occasions; and (7) as a result, defendants' statements about Global Digital's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant time...