SHAREHOLDER ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Northern Oil & Gas, Inc. & Encourages In...
August 23 2016 - 6:05PM
Business Wire
Goldberg Law PC (the “Firm”) announces that a class action
lawsuit has been filed against Northern Oil and Gas, Inc.
(“Northern Oil” or the “Company”) (NYSE: NOG). Investors who
purchased or otherwise acquired shares between March 1, 2013 and
August 15, 2016 (the “Class Period”) are encouraged to contact the
Firm in advance of the October 17, 2016 lead
plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we advise
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
The complaint alleges that during the Class Period, the Company
made false and misleading statements and/or failed to disclose:
that Northern Oil’s compliance policies with respect to Securities
and Exchange Commission (“SEC”) regulations and the Company’s Code
of Business Conduct and Ethics were inadequate to detect and/or
prevent misconduct by its officers; that Northern Oil’s CEO Michael
Reger engaged in illegal stock manipulation during his tenure at
Northern Oil; that Mr. Reger was thus unfit to serve as the
Company’s CEO; and as a result of the above, Northern Oil’s public
statements were materially false and misleading at all relevant
times. On August 16, 2016, the Company fired Mr. Reger as CEO
after he disclosed that he received an SEC notice of intent to
bring enforcement action against him. When this news was disclosed,
shares of Northern Oil fell in value, causing investors harm.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160823006318/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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