ACCESS Newswire
29 Nov 2022, 17:35 GMT+10
SAN DIEGO, CA / ACCESSWIRE / November 29, 2022 / The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in Instadose Pharma Corp. (OTC PINK:INSD).
Investors, who purchased shares of Instadose Pharma Corp. prior to December 2020 and continue to hold any of those OTC: INSD shares, have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
On December 20, 2021, a lawsuit was filed r certain investors in OTC: INSD shares against Instadose Pharma Corp. f/k/a Mikrocoze, Inc over alleged violations of securities laws. The plaintiff alleged that the Defendants made false and/or misleading statements and/or failed to disclose that Instadose had performed inadequate due diligence into the Business Combination and/or ignored significant red flags associated with Instadose Canada, that Instadose's internal controls and policies were inadequate to detect and/or prevent impermissible trading activity by control persons of the Company, that the foregoing subjected Instadose to a heightened risk of regulatory scrutiny and enforcement action, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
On August 24, 2022 the plaintiff requested an Entry of Default against the Defendants for failure to appear or respond in a timely manner to the Complaint.
On August 25, the Clerk of the court made an Entry of Default on the Docket as to both Defendants.
Those who purchased Instadose Pharma Corp. (OTC: INSD) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
SOURCE: Shareholders Foundation, Inc.
Get a daily dose of Kansas City Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kansas City Post.
More InformationPope Leo XIV, has spoken publicly for the first time since his election as Pope to succeed Pope Francis who died on Easter Monday....
The EU on Wednesday called on India and Pakistan to take immediate steps' to de-escalate after India fired missiles into Pakistani-administered...
WASHINGTON, D.C.: President Donald Trump's administration is planning to cut many jobs at the CIA and other U.S. spy agencies, according...
BOISE, Idaho: Seven people died, and eight were hurt when a van carrying tourists crashed into a pickup truck and caught fire near...
WASHINGTON, D.C.: The U.S. State Department has approved a potential US$3.5 billion arms sale to Saudi Arabia, including AIM-120C-8...
GAZA STRIP - From Tuesday night to dawn on Wednesday, Israel Air Force pilots were responsible for the ending of at least forty-nine...
CHICAGO, Illinois: United Airlines will begin canceling around 35 daily flights—roughly 10 percent of its schedule—from Newark Liberty...
NEW YORK, New York - U.S. stocks rose sharply Thursday following the announcement by U.S. President Donald Trump of a new trade deal...
WASHINGTON, D.C.: Dozens of major footwear companies, including Nike, Adidas, and Skechers, have signed a letter urging U.S. President...
IRVING, Texas: Kimberly-Clark, the maker of Kleenex tissues and Huggies diapers, announced this week it will invest US$2 billion over...
HONG KONG: Hong Kong's economy grew by 3.1 percent in the first quarter of this year compared to the same period last year, according...
NEW YORK, New York - U.S. stocks advanced on Wednesday while the U.S. dollar made across-the-board gains after the Federal Reserve...