Energy News / Shareholders Foundation, Inc.

NASDAQ:DRAD Shareholder Notice: Investigation over Potential Wrongdoing at Digirad Corporation

Via: ReleaseWire

Updated 11:00 AM CST, Wed, January 16,2019

An investigation on behalf of investors in Digirad Corporation (NASDAQ: DRAD) shares over potential wrongdoing at Digirad Corporation was announced.

San Diego, CA -- (SBWIRE) -- 01/16/2019 -- An investigation on behalf of current long-term investors in shares of Digirad Corporation (NASDAQ: DRAD) was announced over potential breaches of fiduciary duties by certain officers and directors at Digirad Corporation.

Investors who purchased shares of Digirad Corporation (NASDAQ: DRAD) and currently hold any of those NASDAQ: DRAD shares 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 concerns whether certain Digirad Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.

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 $0.42 per share in December 2018.

On January 7, 2019, NASDAQ: DRAD shares closed at $0.661 per share

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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqdrad-shareholder-notice-investigation-over-potential-wrongdoing-at-digirad-corporation-1124256.htm

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