SHAREHOLDER ALERT: The Law Offices of Timothy L. Miles Announces First Choice Healthcare Solutions, Inc. (FCHS) Sued for Misleading Shareholders; First Choice Shareholders Urged to Contact the Firm
HENDERSONVILLE, TN / ACCESSWIRE / October 16, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, announces that purchasers of First Choice Healthcare Solutions, Inc. (FCHS) shares filed a class action complaint against the company for alleged violations of the Securities Exchange Act of 1934 between April 1, 2014 and November 14, 2018. First Choice is a non-physician-owned, healthcare services company focused on the delivery of orthopaedic care and treatment.
First Choice Executives Accused of Stock Fraud
According to the complaint, First Choice failed to disclose that its Chairman and CEO, Christian Romandetti, and his co-conspirators were committing securities fraud with First Choice stock. Beginning around September 2013, First Choice executives implemented a large-scale promotional campaign to fraudulently inflate the market price and trading value of First Choice shares. In November 2018, the U.S. Department of Justice announced a criminal indictment and the U.S. Securities and Exchange Commission filed a civil action against Romandetti and his co-conspirators. On this news, First Choice's stock plummeted almost 65% to close at $0.35 per share on November 15, 2018. The stock price has yet to recover.
First Choice Shareholders Urged to Contact the Firm
If you purchased First Choice securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Timothy L. Miles, Esquire, at 615-587-738, Toll-Free at 855-846-6529, or by email to tmiles@timmileslaw.com. If you inquire by email please include your mailing address, telephone number, and the number shares owned.
About Timothy L. Miles
Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected as a 2019 Elite Lawyer of The South by Martindale-Hubbell® and ALM and maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Awards: 2019 Elite Lawyer of The South by Martindale-Hubbell® and ALM (2019); Member of the Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association (2017-2019); AV® Preeminent™ Rating by Martindale-Hubble® (2014-2019); PRR AV Preeminent Rating on Lawyers.com (2017 & 2019); The Top-Rated Lawyer in Litigation™ for Ethical Standards and Legal Ability (Martindale-Hubble® 2015); Distinguished Lawyer, Recognizing Excellence in Securities Law, Lawyers of Distinction (2019); Superb Rated Attorney (Avvo); Avvo Top Rated Lawyer for 2017 & 2018 (Avvo).
Contact:
Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
124 Shiloh Ridge
Hendersonville, TN 37075
Telephone: (855-846-6529)
Email: tmiles@timmileslaw.com Website: www.timmileslaw.com
SOURCE: The Law Offices of Timothy L. Miles
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