BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Bright Green Corporation (“Bright Green” or the “Company”) (NASDAQ: BGXX) investors concerning the Company’s possible violations of federal securities laws.
On June 2, 2022, Green Market Report published a report alleging that Bright Green’s former CEO was accusing the Company of fraud, claiming Bright Green was a “sham, operated illegally and fraudulently.”
On this news, Bright Green’s stock price fell $0.94, or 26.1%, over the next two consecutive trading days, to close at $2.66 per share on June 6, 2022, thereby injuring investors.
If you purchased Bright Green securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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