NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Asanko Gold Inc. (NYSE: AKG) resulting from allegations that Asanko Gold may have issued materially misleading business information to the investing public.
On May 31, 2017, research firm Muddy Waters published a report on Asanko Gold asserting, among other things, that: (1) Asanko Gold made investments based on flawed geology in Nkran, its satellite pits and Esaase that Muddy Waters believes “will never be recovered”; and (2) there are indicia that some of Asanko Gold’s resources models have been “smeared”, which would cause estimates of their ore contents to be inflated. On this news, shares of Asanko Gold fell sharply during intraday trading on May 31, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Asanko Gold investors. If you purchased shares of Asanko Gold on or before May 31, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1139.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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