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MGTI LOSS ALERT: Rosen Law Firm Files First Securities Class Action Lawsuit Against MGT Capital Investments, Inc.; Important Deadline Announced - MGTI
MGTI LOSS ALERT: Rosen Law Firm Files First Securities Class Action Lawsuit Against MGT Capital Investments, Inc.; Important Deadline Announced - MGTI.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\n\n\n\nMGTI LOSS ALERT: Rosen Law Firm Files First Securities Class Action Lawsuit Against MGT Capital Investments, Inc.; Important Deadline Announced - MGTI\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMGTI LOSS ALERT: Rosen Law Firm Files First Securities Class Action Lawsuit Against MGT Capital Investments, Inc.; Important Deadline Announced - MGTI\nPR Newswire\nNEW YORK, Oct. 13, 2018\n\n\n\nNEW YORK, Oct. 13, 2018 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of MGT Capital Investments, Inc. (OTC: MGTI) from October 9, 2015 through September 7, 2018, inclusive (the \"Class Period\"). The lawsuit seeks to recover damages for MGT Capital investors under the federal securities laws.\n\n \n \n\n \nTo join the MGT Capital class action, go to https://www.rosenlegal.com/cases-956.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.\nNO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.\nAccording to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) defendants were engaged in a pump-and-dump scheme to artificially inflate MGT Capital's stock price; (2) this illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental scrutiny, including from the SEC; (3) certain of the scheme defendants exercised control over MGT Capital and its management; (4) consequently, the illicit scheme would ultimately cause MGT Capital's stock to become delisted from NYSE MKT; and (5) as a result, defendants' statements about MGT Capital's business and prospects were m...