Northern Dynasty shareholders have an opportunity to recover their investment losses.
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Northern Dynasty Minerals Ltd.
Rosen Law Firm, a global investor rights law firm, has filed a class action lawsuit on behalf of purchasers of Northern Dynasty Minerals Ltd. securities (NYSE: NAK) from September 16, 2013 through February 13, 2017. The lawsuit seeks recovery of investor losses.
If you purchased shares of Northern Dynasty from September 16, 2013 through February 13, 2017 and would like to join the action, please click "Join This Class Action" above.
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Northern Dynasty Minerals Ltd. – NAK
New York, N.Y., February 15, 2017. Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of purchasers of Northern Dynasty Minerals Ltd. securities (NYSE: NAK) from September 16, 2013 through February 13, 2017, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Northern Dynasty investors under the federal securities laws.
To join the Northern Dynasty class action, go to http://www.rosenlegal.com/cases-1056.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) Northern Dynasty’s Pebble project is commercially unviable; (2) Northern Dynasty’s Pebble project had a negative present value; and (3) as a result, Defendants’ statements about Northern Dynasty’s business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times. On February 14, 2017, Kerrisdale Capital Management published a report asserting that Northern Dynasty’s Pebble Project is commercial unviable and Northern Dynasty has spent years trying to conceal from public that its Pebble project had a negative present value. On this news, shares of Northern Dynasty fell $0.68 per share or over 21% to close at $2.50 per share on February 14, 2017, damaging investors..
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 17, 2017. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-1056.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827