NEW YORK, April 10, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of NexTech AR Solutions Corp. resulting from allegations that NexTech may have issued materially misleading business information to the investing public.
On February 10, 2020, Hindenburg Research published a report entitled "NexTech AR: Relentless Stock Promotion, Sketchy Related Party Transactions and a Vaporware Product—Price Target: $0," alleging, among other things, that Nextech had "virtually no credible business prospects and appears to be focused almost entirely on promoting its stock and insider self-dealing."
On this news, the Company's stock price fell 21.73% to close at $1.2914 per share on February 10, 2020, injuring investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by NexTech investors. If you purchased shares of NexTech please visit the firm's website at http://www.rosenlegal.com/cases-register-1774.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
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New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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