NEW YORK, July 8, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Pacific Booker Materials Inc. ("Pacific Booker" or the "Company") (NYSE MKT: PBM). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 9980.
The investigation concerns whether Pacific Booker and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On July 7, 2015, post-market, Canadian environmental regulators ordered that the company's proposed Morrison copper-gold mine in British Columbia must undergo further assessment, citing "insufficient baseline information about and understanding of the Morrison Lake ecosystem" and "issues of risk and uncertainty associated with fundamental aspects of the mine's design."
On this news, Pacific Booker shares have fallen as much as 1.52, or 34.7%, on intraday trading on July 8, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
Robert S. Willoughby
SOURCE Pomerantz LLP