NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of Cadiz Inc. (NASDAQ:CDZI) resulting from allegations that Cadiz may have issued materially misleading business information to the investing public.
On April 21, 2015, Seeking Alpha published a report on Cadiz, which asserts, among other things, that: (i) its water mining project has effectively failed with imminent NEPA federal review; and (ii) governing authority Metropolitan Water District has definitively stated that it has “already made the determination” and “don’t see how it can be built,” while also indicating subsidy impossibility. On this news, shares of Cadiz fell during intraday trading on April 21, 2015.
The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Cadiz investors. If you purchased shares of Cadiz on or before April 21, 2015, please visit the firm’s website at http://rosenlegal.com/cases-580.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
