Energy News / Shareholders Foundation, Inc.

NASDAQ:DRAD Shareholder Notice: Investigation over Possible Securities Laws Violations by Digirad Corporation

Via: ReleaseWire

Updated 12:15 PM CDT, Tue, April 24,2018

An investigation for investors in Digirad Corporation (NASDAQ: DRAD) shares over potential securities laws violations by Digirad was announced.

San Diego, CA -- (SBWIRE) -- 04/24/2018 -- Digirad Corporation is under investigation over potential securities laws violations in connection with certain financial statements made by Digirad Corporation.

Investors who purchased shares of Digirad Corporation (NASDAQ: DRAD), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Digirad Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Suwanee, GA based Digirad Corporation reported that its annual Total Revenue declined from $125.46 million in 2016 to $118.33 million in 2017 and that its Net Income of $14.3 million in 2016 turned into a Net Loss of $35.73 million in 2017. Shares of Digirad Corporation (NASDAQ: DRAD) declined from $6.05 per share in October 2015 to as low as $1.25 per share in early April 2018.

Those who purchased shares of Digirad Corporation (NASDAQ: DRAD) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqdrad-shareholder-notice-investigation-over-possible-securities-laws-violations-by-digirad-corporation-967547.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com