Energy News / Shareholders Foundation, Inc.

NASDAQ:ZN Shareholder Notice: Lawsuit Alleges Misleading Statements by Zion Oil & Gas, Inc

Via: ReleaseWire

Updated 11:45 AM CDT, Mon, August 27,2018

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 mail@shareholdersfoundation.com 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.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqzn-shareholder-notice-lawsuit-alleges-misleading-statements-by-zion-oil-gas-inc-1035818.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com