An investigation on behalf of current long-term investors in shares of Nantkwest Inc (NASDAQ:NK) concerning potential breaches of fiduciary duties by certain directors and officers of Nantkwest Inc was announced.
Investors who are current long term investors in Nantkwest Inc (NASDAQ:NK) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm for current long term investors in NASDAQ:NK stocks follows a lawsuit filed against Nantkwest Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:NK stocks, concerns whether certain Nantkwest officers and directors are liable in connection with the allegations made in that lawsuit. The plaintiff alleges that the defendants issued false and misleading statements to investors and/or failed to disclose that NantKwest’s financial statements contained errors related to stock-based awards to NantKwest’s Chief Executive Officer and Executive Chairman defendant Patrick Soon-Shiong, that NantKwest’s financial statements contained errors related to build-to-suit lease accounting related to one of NantKwest’s research and development and good manufacturing practices facilities, that NantKwest lacked effective internal financial controls, and that as a result NantKwest’s public statements were materially false and misleading at all relevant times.
On March 20, 2017, NASDAQ:NK shares closed at $3.55 per share.
Those who purchased NASDAQ:NK shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego