IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Northern Oil & Gas, Inc. & E...
August 23 2016 - 8:05PM
Business Wire
Khang & Khang LLP (the “Firm”) announces 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 inclusive (the “Class Period”) are encouraged to
contact the Firm prior to the October 17, 2016 lead plaintiff
motion deadline.
If you purchased Northern Oil shares during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang LLP,
18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone:
949-419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive 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 announced,
shares of Northern Oil fell in value, causing investors harm.
If you wish to learn more about this lawsuit, or if
you have any questions regarding this notice or your rights, please
contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: 949-419-3834, or by e-mail at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in
certain jurisdictions.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160823006343/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
Northern Oil and Gas (AMEX:NOG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Northern Oil and Gas (AMEX:NOG)
Historical Stock Chart
From Sep 2023 to Sep 2024