The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Northern Oil & Gas, Inc. In...
September 07 2016 - 10:30AM
Business Wire
Law Offices of Howard G. Smith announces that a class
action lawsuit has been filed on behalf of investors who purchased
Northern Oil and Gas, Inc. (“Northern Oil” or the “Company”) (NYSE:
NOG) securities between March 1, 2013 and August 15, 2016,
inclusive (the “Class Period”). Northern Oil investors have
until October 17, 2016 to file a lead plaintiff
motion.
Investors suffering losses on their Northern Oil investments are
encouraged to contact the Law Offices of Howard G. Smith to discuss
their legal rights in this class action at 888-638-4847 or by email
to howardsmith@howardsmithlaw.com.
On August 16, 2016, Northern Oil CEO Michael Reger (“Reger”) was
fired after notifying the Company that he had received a Wells
Notice from the SEC, announcing their intent to bring an
enforcement action against Northern Oil. The Wells Notice comes in
response to prior SEC investigations from 2012 that revealed
questionable trade patterns in the securities of Dakota Plains
Holdings, Inc., a company Reger had invested with back in 2008.
The complaint filed in this lawsuit alleges that investors were
damaged by the sharp decline in Northern Oil shares following news
of the firing of Michael Reger.
If you purchased shares of Northern Oil during the Class Period
you may move the Court no later than October 17,
2016 to ask the Court to appoint you as lead plaintiff if
you meet certain legal requirements. To be a member of the Class
you need not take any action at this time; you may retain counsel
of your choice or take no action and remain an absent member of the
Class. If you wish to learn more about this action, or if
you 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
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160907005521/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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