NANO Nuclear Energy Class Action Update: Johnson Fistel Alerts Shareholders of Ongoing Class Action Proceedings
Johnson Fistel, LLP, a law firm specializing in shareholder rights, has announced the initiation of class action lawsuits on behalf of investors of NANO Nuclear Energy Inc. Investors are encouraged to review the deadlines listed and submit their information. If you suffered a loss and are interested in learning more about being a lead plaintiff, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.
The filed complaint alleges that defendants made false statements and/or concealed that: a) NNE’s purported progress toward regulatory approval for the design of its planned micro reactors and fuel fabrication plant was nonexistent; b) NNE’s timelines for commercialization were wildly optimistic, at best, and most likely impossible; c) the foregoing issues were likely to have a material negative impact on the Company’s projected revenues and growth; d) as a result, the Company’s financial position and/or prospects were overstated; and e) as a result, defendants’ public statements were materially false and misleading at all relevant times.