NEW YORK, Feb. 15, 2017
NEW YORK, Feb. 15, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (NYSE: NAK). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/nak.
The investigation concerns whether Northern Dynasty and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On February 14, 2017, Kerrisdale Capital Management released an article about Northern Dynasty alleging that Northern Dynasty's main asset, the low-grade Pebble deposit, is not commercially sustainable and that for several years the Company has been concealing this information from the investing public that the Pebble project has a negative present value. Following this news, Northern Dynasty stock dropped $0.68 per share or over 21% to close at $2.50 per share on February 14, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Northern Dynasty, you can assist this investigation by visiting the firm's site: www.bgandg.com/nak. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | email@example.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-northern-dynasty-minerals-ltd-nak-300407796.html
SOURCE Bronstein, Gewirtz & Grossman, LLC