{"id":393842,"date":"2020-12-05T09:58:34","date_gmt":"2020-12-05T14:58:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393842"},"modified":"2020-12-05T09:58:34","modified_gmt":"2020-12-05T14:58:34","slug":"class-action-filed-on-behalf-of-investors-of-northern-dynasty-minerals-ltd-nak-shareholders-who-have-suffered-losses-greater-than-250000-encouraged-to-contact-kehoe-law-firm-p-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-on-behalf-of-investors-of-northern-dynasty-minerals-ltd-nak-shareholders-who-have-suffered-losses-greater-than-250000-encouraged-to-contact-kehoe-law-firm-p-c\/","title":{"rendered":"Class Action Filed on Behalf of Investors of Northern Dynasty Minerals Ltd \u2013 NAK Shareholders Who Have Suffered Losses Greater Than $250,000 Encouraged to Contact Kehoe Law Firm, P.C."},"content":{"rendered":"
\n

PHILADELPHIA, Dec. 05, 2020 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims<\/a> on behalf of investors of Northern Dynasty Minerals Ltd. (\u201cNorthern Dynasty\u201d or the \u201cCompany\u201d) (NYSE: NAK<\/a>) to determine whether the Company engaged in securities fraud or other unlawful business practices.<\/p>\n

\n
\n INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE SECURITIES <\/u>
\n <\/strong>
\n
\n OF NORTHERN DYNASTY MINERALS BETWEEN DECEMBER 21, 2017 AND NOVEMBER 25, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d)<\/u>
\n <\/strong>
\n
\n , <\/u>
\n <\/strong>
\n
\n AND SUFFERED LOSSES GREATER THAN $<\/u>
\n <\/strong>
\n
\n 2<\/u>
\n <\/strong>
\n
\n 5<\/u>
\n <\/strong>
\n
\n 0,000<\/u>
\n <\/strong>
\n ARE ENCOURAGED TO <\/strong>
\n COMPLETE KEHOE LAW FIRM\u2019S <\/strong>
\n
\n SECURITIES CLASS ACTION QUESTIONNAIRE<\/strong>
\n <\/a>
\n OR CONTACT KEVIN CAULEY, DIRECTOR, BUSINESS DEVELOPMENT, (215) 792-6676, EXT. 802, <\/strong>
\n
\n KCAULEY@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n
\n SECURITIES@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n TO DISCUSS THE\u00a0<\/strong>
\n
\n SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS. <\/strong>
\n <\/a>\n <\/p>\n

On December 4, 2020, a class action lawsuit was filed against Northern Dynasty in United States District Court, Eastern District of New York.<\/p>\n

According to class action complaint, throughout the Class Period, the Northern Dynasty defendants made false and\/or misleading statements and\/or failed to disclose that the Company\u2019s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; Northern Dynasty planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company\u2019s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, the Northern Dynasty Defendants\u2019 public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit alleges that investors suffered damages.<\/p>\n

On November 25, 2020, Northern Dynasty stated<\/a> that \u201c. . . its\u00a0<\/strong>100%-owned, US-based subsidiary Pebble Limited Partnership . . . received formal notification from the US Army Corps of Engineers . . . that its application for permits under the\u00a0Clean Water Act<\/em>\u00a0and other federal statutes has been denied. The lead federal regulator found Pebble\u2019s \u2018compensatory mitigation plan\u2019 as submitted earlier this month to be \u2018non-compliant\u2019, and that the project is \u2018not in the public interest\u2019.\u201d<\/p>\n

\n On this news, Northern Dynasty\u2019s stock price fell $0.40 per share, or 50%, to close at $0.40 per share on November 25, 2020.<\/strong>\n <\/p>\n

\n Kehoe Law Firm, P.C.<\/a>, with offices in New York and Philadelphia, is a multidisciplinary, plaintiff\u2013side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.\u00a0 Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.\u00a0\u00a0\u00a0<\/p>\n

This press release may constitute attorney advertising.<\/p>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, Dec. 05, 2020 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Northern Dynasty Minerals Ltd. (\u201cNorthern Dynasty\u201d or the \u201cCompany\u201d) (NYSE: NAK) to determine whether the Company engaged in securities fraud or other unlawful business practices. INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE SECURITIES OF NORTHERN DYNASTY MINERALS BETWEEN DECEMBER 21, 2017 AND NOVEMBER 25, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d) , AND SUFFERED LOSSES GREATER THAN $ 2 5 0,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, BUSINESS DEVELOPMENT, (215) 792-6676, EXT. 802, KCAULEY@KEHOELAWFIRM.COM , SECURITIES@KEHOELAWFIRM.COM , TO DISCUSS THE\u00a0 SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS. On December 4, … <\/p>\n

Continue reading “Class Action Filed on Behalf of Investors of Northern Dynasty Minerals Ltd \u2013 NAK Shareholders Who Have Suffered Losses Greater Than $250,000 Encouraged to Contact Kehoe Law Firm, P.C.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393842","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nClass Action Filed on Behalf of Investors of Northern Dynasty Minerals Ltd \u2013 NAK Shareholders Who Have Suffered Losses Greater Than $250,000 Encouraged to Contact Kehoe Law Firm, P.C. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-on-behalf-of-investors-of-northern-dynasty-minerals-ltd-nak-shareholders-who-have-suffered-losses-greater-than-250000-encouraged-to-contact-kehoe-law-firm-p-c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Action Filed on Behalf of Investors of Northern Dynasty Minerals Ltd \u2013 NAK Shareholders Who Have Suffered Losses Greater Than $250,000 Encouraged to Contact Kehoe Law Firm, P.C. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, Dec. 05, 2020 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Northern Dynasty Minerals Ltd. (\u201cNorthern Dynasty\u201d or the \u201cCompany\u201d) (NYSE: NAK) to determine whether the Company engaged in securities fraud or other unlawful business practices. INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE SECURITIES OF NORTHERN DYNASTY MINERALS BETWEEN DECEMBER 21, 2017 AND NOVEMBER 25, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d) , AND SUFFERED LOSSES GREATER THAN $ 2 5 0,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, BUSINESS DEVELOPMENT, (215) 792-6676, EXT. 802, KCAULEY@KEHOELAWFIRM.COM , SECURITIES@KEHOELAWFIRM.COM , TO DISCUSS THE\u00a0 SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS. 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(\u201cNorthern Dynasty\u201d or the \u201cCompany\u201d) (NYSE: NAK) to determine whether the Company engaged in securities fraud or other unlawful business practices. INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE SECURITIES OF NORTHERN DYNASTY MINERALS BETWEEN DECEMBER 21, 2017 AND NOVEMBER 25, 2020, BOTH DATES INCLUSIVE (THE \u201cCLASS PERIOD\u201d) , AND SUFFERED LOSSES GREATER THAN $ 2 5 0,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, BUSINESS DEVELOPMENT, (215) 792-6676, EXT. 802, KCAULEY@KEHOELAWFIRM.COM , SECURITIES@KEHOELAWFIRM.COM , TO DISCUSS THE\u00a0 SECURITIES INVESTIGATION OR POTENTIAL LEGAL CLAIMS. 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