LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation 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 are a shareholder who suffered a loss during the Class Period, click here. In addition, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at firstname.lastname@example.org.
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.
On February 14, 2017, the value of Northern Dynasty stock fell after the release of a report claiming that Northern Dynasty’s Pebble Project is not commercially viable, and that key partners have dropped from the project. The Complaint in this lawsuit alleges that 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 as a result of the foregoing, 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 information was revealed to the investing public, the value of Northern Dynasty declined, causing investors severe harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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