The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired
securities of NantKwest, Inc. (“NantKwest” or the “Company”) (NASDAQ:
NK) between September 10, 2015 and March 10,
2016.
You are hereby notified that a securities class action has been
commenced in the USDC for the Central District of California. If you
purchased or otherwise acquired NantKwest securities between September
10, 2015 and March 10, 2016, your rights may be affected by this action.
To get more information go to: http://www.zlk.com/pslra/nantkwest.
The complaint alleges that throughout the class period, NantKwest issued
false and misleading statements and or/failed to disclose that: (a) the
Company’s financial statements contained errors related to stock-based
awards to its CEO and Executive Chairman, defendant Patrick Soon-Shiong;
(b) the Company’s financial statements contained errors related to
build-to-suit lease accounting related to one of its research and
development and good manufacturing practices facilities; and (c) the
Company lacked effective internal financial controls.
If you suffered a loss in NantKwest you have until May
23, 2016 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that
you serve as a lead plaintiff. To obtain additional information, contact
Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/nantkwest.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, California, Connecticut, and Washington D.C. The firm’s
attorneys have extensive expertise and experience representing investors
in securities litigation involving financial fraud, and have recovered
hundreds of millions of dollars for aggrieved shareholders. Attorney
advertising. Prior results do not guarantee similar outcomes.
![](http://cts.businesswire.com/ct/CT?id=bwnews&sty=20160422005703r1&sid=ntxv4&distro=nx&lang=en)
View source version on businesswire.com: http://www.businesswire.com/news/home/20160422005703/en/
Copyright Business Wire 2016