LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in First Choice Healthcare Solutions, Inc. (“First Choice” or “the Company”) (OTC: FCHS) for potential breaches of fiduciary duty on the part of its executives and directors due to allegations that First Choice may have issued materially misleading business information to the investing public.
The investigation focuses on determining if First Choice’s executives and Board of Directors breached their fiduciary duties to shareholders. The DOJ announced criminal indictments against now-former First Choice CEO, President, and Chairman of the Board of Directors Christian Romandetti and co-conspirators in November 2018. The SEC filed civil actions at the same time. The investigation seeks to determine whether First Choice’s board of directors breached its fiduciary duties to shareholders, grossly mismanaged First Choice, and committed abuses of control as a result of the foregoing.
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