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Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Northern Dynasty Minerals Ltd. (NYSE: NAK) resulting from allegations that Northern Dynasty may have issued materially misleading business information to the investing public.
On November 25, 2020, the U.S. Army Corps of Engineers issued a record of decision denying Northern Dynasty's application for permits relating to the Pebble project, a proposed mine in southwestern Alaska. The regulator determined that the "compensatory mitigation plan" as submitted earlier this month was "non-compliant," and that the project was "not in the public interest."
On this news, Northern Dynasty's stock price fell $0.40 per share, or 50%, to close at $0.40 per share on November 25, 2020.
Rosen Law Firm is preparing a securities lawsuit on behalf of Northern Dynasty shareholders. If you purchased securities of Northern Dynasty please visit the firm's website at https://www.rosenlegal.com/cases-register-1996.html to join the securities 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 .
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm .
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 achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201127005546/en/
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40 th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
