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 Zion Oil & Gas, Inc. (NASDAQ: ZN) resulting from allegations that Zion may have issued materially misleading business information to the investing public.
On July 11, 2018, Zion disclosed that it had received a subpoena to produce documents from the U.S. Securities and Exchange Commission, which informed Zion of the “existence of a non-public, fact-finding inquiry into the Company.” On this news, Zion’s stock price fell $0.44 per share or 11% to close at $3.56 per share on July 12, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Zion investors. If you purchased shares of Zion please visit the firm’s website at http://www.rosenlegal.com/cases-1391.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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