LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (www.Goldberglawpc.com) announces that it has filed a class action lawsuit in the United States District Court, Central District of California, against NantKwest, Inc. (“NantKwest” or the “Company”) (Nasdaq: NK). Investors who purchased or otherwise acquired shares between July 28, 2015 and March 11, 2016, (the “Class Period”), are encouraged to contact the firm in advance of the May 23, 2016, lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 708, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the complaint, the Company made misleading statements and/or failed to disclose that: (1) NantKwest’s fiscal statements contained errors related to stock-based awards to the Company’s CEO and Executive Chairman defendant Patrick Soon-Shiong (“Soon-Shiong”); (2) NantKwest’s financial statements contained errors related to build-to-suit lease accounting related to one of the Company’s research and development and good manufacturing practices (“GMP”) facilities; and (3) the Company lacked effective internal financial controls.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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