Energy News / Shareholders Foundation, Inc.

NASDAQ:HSDT Investor Notice: Deadline on September 9, 2019 in Lawsuit Against Helius Medical Technologies, Inc.

Via: ReleaseWire

Updated 11:00 AM CDT, Fri, August 30,2019

A Deadline is coming up on September 9, 2019in the lawsuit for certain investors in Helius Medical Technologies, Inc. (NASDAQ: HSDT).

San Diego, CA -- (SBWIRE) -- 08/30/2019 -- The Shareholders Foundation announced that a deadline is coming up on September 9, 2019 in the lawsuit filed for certain investors of Helius Medical Technologies, Inc. (NASDAQ: HSDT) over alleged securities laws violations by Helius Medical Technologies, Inc.

Investors who purchased shares of Helius Medical Technologies, Inc. (NASDAQ: HSDT) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Helius Medical Technologies, Inc. (NASDAQ: HSDT) common shares between November 9, 2017 and April 10, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 9, 2017 and April 10, 2019, the Defendants failed to disclose to investors: (1) that the clinical study on the use of PoNS did not produce statistically significant results regarding the effectiveness of the treatment; (2) that, as a result, the clinical study did not support the Company's application for regulatory clearance; (3) that, as a result, the Company was unlikely to receive regulatory approval of PoNS; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Helius Medical Technologies, Inc. (NASDAQ: HSDT) 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/nasdaqhsdt-investor-notice-deadline-on-september-9-2019-in-lawsuit-against-helius-medical-technologies-inc-1258034.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com