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 email@example.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 firstname.lastname@example.org.
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