Rosen Law Firm, a global investor rights law firm, reminds purchasers of
NantKwest, Inc. securities (NASDAQ: NK) from September 10, 2015 through
March 10, 2016, both dates inclusive (the “Class Period”) of the
important May 23, 2016 lead plaintiff deadline in the class action. The
lawsuit seeks to recover damages for NantKwest investors under the
federal securities laws.
To join the NantKwest class action, go to the firm’s website at http://rosenlegal.com/cases-857.html
or call Phillip Kim, Esq. or Kevin Chan, Esq. toll free at 866-767-3653
or email pkim@rosenlegal.com or kchan@rosenlegal.com
for more information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants issued
false and misleading statements to investors and/or failed to disclose
that: (1) NantKwest’s financial statements contained errors related to
stock-based awards to NantKwest’s Chief Executive Officer and Executive
Chairman defendant Patrick Soon-Shiong; (2) NantKwest’s financial
statements contained errors related to build-to-suit lease accounting
related to one of NantKwest’s research and development and good
manufacturing practices facilities; (3) NantKwest lacked effective
internal financial controls; and (4) as a result NantKwest’s public
statements were materially false and misleading at all relevant times.
When the true details entered the market, the lawsuit claims that
investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than May 23, 2016. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to the firm’s website at http://rosenlegal.com/cases-857.html
for more information. You may also contact Phillip Kim, Esq. or Kevin
Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Attorney Advertising. Prior results do not guarantee a
similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160331006360/en/
Copyright Business Wire 2016