A lawsuit was filed on behalf of investors in Zion Oil & Gas, Inc. (NASDAQ: ZN) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 08/27/2018 -- An investor in shares of Zion Oil & Gas, Inc. (NASDAQ: ZN), filed a over alleged violations of Federal Securities Laws by Zion Oil & Gas, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff claims that between March 12, 2018 and July 10, 2018, the defendants failed to disclose that Zion Oil & Gas, Inc. was either already or was likely to soon become the subject of an SEC investigation, and that as a result, Zion' public statements were materially false and misleading at all relevant times
On July 11, 2018, Zion Oil & Gas, Inc. (NASDAQ: ZN) disclosed that the Company had received a subpoena to produce documents from the Fort Worth office of the Securities and Exchange Commission ("SEC"), informing Zion Oil & Gas, Inc. (NASDAQ: ZN) of the existence of a non-public, fact-finding inquiry into the Company.
Those who purchased shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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