Press release
Investigation announced for Long-Term Investors in shares of NANO Nuclear Energy Inc. (NASDAQ: NNE) over possible Wrongdoing
An investigation on behalf of current long term investors in NANO Nuclear Energy Inc. (NASDAQ: NNE) shares.
Investors who are current long term investors in NANO Nuclear Energy Inc. (NASDAQ: NNE) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: NNE stocks follows a lawsuit filed against NANO Nuclear Energy Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: NNE stocks, concerns whether certain NANO Nuclear Energy Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that, the Defendants made false and/or misleading statements, and failed to disclose material facts, including that Nano Nuclear Energy, Inc.'s purported progress toward regulatory approval for the design of its planned micro reactors and fuel fabrication plant was nonexistent, that Nano Nuclear Energy, Inc.'s timelines for commercialization were wildly optimistic, at best, and most likely impossible, that the foregoing issues were likely to have a material negative impact on the Company's projected revenues and growth, that as a result, the Company's financial position and/or prospects were overstated, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of NANO Nuclear Energy Inc. (NASDAQ: NNE) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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