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 email@example.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.
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