Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of NexTech AR Solutions Corp. (OTC: NEXCF) resulting from allegations that NexTech may have issued materially misleading business information to the investing public.
On February 10, 2020, Hindenburg Research published a report entitled “NexTech AR: Relentless Stock Promotion, Sketchy Related Party Transactions and a Vaporware Product—Price Target: $0,” alleging, among other things, that NexTech had “virtually no credible business prospects and appears to be focused almost entirely on promoting its stock[] and insider self-dealing.”
On this news, the Company’s stock price fell $0.3586, or 21.73%, to close at $1.2914 per share on February 10, 2020, injuring investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by NexTech investors. If you purchased shares of NexTech please visit the firm’s website at http://www.rosenlegal.com/cases-register-1774.htmlto join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@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. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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