Shareholders Foundation, Inc.

Investor Investigation of Global Digital Solutions Inc over Potential Violations of Securities Laws

An investigation for investors in Global Digital Solutions Inc (OTCMKTS:GDSI) shares over potential securities laws violations by Global Digital Solutions Inc was announced and OTCMKTS:GDSI stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 08/23/2016 -- An investigation on behalf of investors of Global Digital Solutions Inc shares over potential securities laws violations by Global Digital Solutions and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Global Digital Solutions Inc (OTCMKTS:GDSI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Global Digital Solutions Inc (OTCMKTS:GDSI) concerning whether a series of statements by Global Digital Solutions regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On August 12, 2016, the Securities and Exchange Commission ("SEC") charged Global Digital Solutions Inc's former chairman and CEO Richard J. Sullivan, and former CFO David A. Loppert with defrauding investors by issuing false and misleading press releases purporting that Global Digital Solutions Inc was a budding leader in cyber arms manufacturing and security technology solutions. According to the SEC's complaint, Sullivan and Loppert were behind the press releases and corporate filings that falsified Global Digital Solutions Inc's operations and revenue projections when in reality it had no customers, never manufactured any cyber arms, and never provided any security technology services or solutions.

Those who purchased shares of Global Digital Solutions Inc 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