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The Klein Law Firm Announces Commencement of a Class Action on Behalf of Northern Dynasty Minerals Ltd. Shareholders and a Lead Plaintiff Deadline of April 17, 2017 (NAK)

2017-04-14 12:01 ET - News Release

NEW YORK, NY / ACCESSWIRE / April 14, 2017 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Northern Dynasty Minerals Ltd. (NYSE MKT: NAK) who purchased shares between September 16, 2013 and February 14, 2017. The action, which was filed in the United States District Court for the Southern District of New York, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Pebble Project carries a negative net present value; (ii) the Pebble Project is not commercially viable; and (iii) as a result of the foregoing, the Company'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.

Shareholders have until April 17, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/northern-dynasty-minerals-ltd.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Joseph Klein, Esq.

Empire State Building

350 Fifth Avenue

59th Floor

New York, NY 10118

Telephone: (212) 616-4899

Fax: (347) 558-9665

www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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