IRVINE, Calif. -- (Business Wire)
Khang & Khang LLP (the “Firm”) announces the filing of a class action
lawsuit against Northern Dynasty Minerals Ltd. (“Northern
Dynasty” or the “Company”) (Nasdaq: NAK). Investors, who purchased or
otherwise acquired shares between September 16, 2013 and February 14,
2017 inclusive (the "Class Period") are encouraged to contact the Firm
in advance of the April 17, 2017 lead plaintiff motion deadline.
If you purchased shares of Northern Dynasty during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or via e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until certification
occurs, you are not represented by an attorney. You may choose to take
no action and remain a passive class member.
On February 14, 2017 it was revealed that Northern Dynasty’s Pebble
Project is not commercially viable, and that key partners have resigned
from the project.
According to the Complaint, during the Class Period, Defendants issued
materially false and/or misleading statements and/or failed to disclose
that: The Pebble Project held a negative net present value; that the
Pebble Project is not commercially viable; and that due to the above,
Northern Dynasty’s financial statements, as well as Defendants’
statements about Northern Dynasty’s business, operations, and prospects,
were false and misleading and/or lacked a reasonable basis.
When this news was revealed to the investing public, the value of
Northern Dynasty dropped, causing investors harm.
If you wish to learn more about this lawsuit at no charge, or if you
have questions concerning this notice or your rights, please contact
Joon M. Khang, a prominent litigator for almost two decades, by
telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170302005988/en/
Contacts:
Khang & Khang LLP
Joon M. Khang, Esq.
Telephone:
949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
Source: Khang & Khang LLP
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