Business

IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Fenix Parts, Inc. and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / February 15, 2017 / Khang & Khang LLP (the "Firm") announces t...

articleFenixoro Gold Corp.February 15, 20173/company/fenixoro-gold-corp/news/important-shareholder-alert-khang-and-khang-llp-announces-securities-class-action-lawsuit-against-fenix-parts-inc-and-encourages-investors-with-losses-to-contact-the-firm
IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Fenix Parts, Inc. and Encourages Investors with Losses to Contact the Firm

About this update from Fenixoro Gold Corp.

[{"type":"text","content":"IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Fenix Parts, Inc. and Encourages Investors with Losses to Contact the FirmIRVINE, CA / ACCESSWIRE / February 15, 2017 / Khang & Khang LLP (the \"Firm\") announces the filing of a class action lawsuit against Fenix Parts, Inc. (\"Fenix\" or the \"Company\") (NASDAQ: FENX) concerning possible violations of federal securities laws. Investors, who purchased or otherwise acquired Fenix shares between May 14, 2015 and October 12, 2016 inclusive (the \"Class Period\"), are encouraged to contact the firm in advance of the March 13, 2017 lead plaintiff motion deadline.\nIf you purchased shares of Fenix during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at [email protected].\nThere has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.\nAccording to the Complaint, during the Class Period, Fenix issued false and/or misleading statements and/or failed to disclose: that its inventory valuation tools were inadequate; that its tools to calculate goodwill impairment were poor; that it was engaging and/or had engaged in activity that would lead to an SEC investigation; and that as a result, Fenix's statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.\nWhen this information was released to the public, the value of Fenix stock fell, causing investors harm.\nIf you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at [email protected].\nThis press release may constitute Attorney Advertising in some jurisdictions.\nContact:\nJoon M. Khang, Esq.\n\nTelephone: 949-419-3834\n\nFacsimile: 949-225-4474\n\[email protected]\nSOURCE: Khang & Khang LLP ","length":2603,"tagName":"div"}]

More updates from Fenixoro Gold Corp.