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Globe Newswire 2-Oct-2024 2:16 PM
ATLANTA, Oct. 02, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Nano Nuclear Energy, Inc. ("Nano Nuclear," "NNE," or the "Company") (NASDAQ:NNE). The lawsuit alleges that Defendants made materially false and misleading statements, and/or failed to disclose material adverse facts, including allegations that: (1) NNE's purported progress toward regulatory approval for the design of its planned micro reactors and fuel fabrication plant was nonexistent; (2) NNE's timelines for commercialization were wildly optimistic, at best, and most likely impossible; (3) the foregoing issues were likely to have a material negative impact on the Company's projected revenues and growth; and (4) as a result, the Company's financial position and/or prospects were overstated.
If you bought shares of Nano Nuclear between May 8, 2024, and July 18, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at?cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at http://holzerlaw.com/case/nano-nuclear-energy/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is October 8, 2024.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.?More information about the firm is available through its website,?www.holzerlaw.com,?and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.?
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com