IRVINE, Calif., April 25, 2017 /PRNewswire/ -- Khang & Khang LLP (the "Firm") announces a class action lawsuit against NantHealth, Inc. ("NantHealth" or the "Company") (Nasdaq: NH). Investors who purchased shares (1) pursuant and/or traceable to the Company's initial public offering ("IPO") on or about June 1, 2016; and/or (2) between June 1, 2016 and March 6, 2017 inclusive (the "Class Period"), are encouraged to contact the Firm in advance of the May 8, 2017 lead plaintiff motion deadline.
If you purchased NantHealth shares during the IPO or Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at firstname.lastname@example.org.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
The Complaint alleges that during the Class Period, NantHealth made materially false and/or misleading statements and/or failed to disclose: that its founder Patrick Soon-Shiong donated funds through nonprofit organizations to the University of Utah for the purpose of funneling those funds back into NantHealth; that NantHealth and Mr. Soon-Shiong violated federal tax laws; that the Company improperly recorded orders received from the University of Utah as GPS Cancer test orders; and that the Company reported false and inflated GPS Cancer order figures for the third quarter of 2016. Upon release of this news, shares of NantHealth dropped in value materially, which allegedly caused investors harm.
If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at email@example.com.
This press release may constitute Attorney Advertising in certain jurisdictions.
Joon M. Khang, Esq.
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SOURCE Khang & Khang LLP