Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Zion Oil & Gas, Inc.
Federman & Sherwood announces that on August 9, 2018, a class action
lawsuit was filed in the United States District Court for the Northern
District of Texas against Zion Oil & Gas, Inc. (NASDAQ: ZN). The
complaint alleges violations of federal securities laws, Sections 10(b)
and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5,
including allegations of issuing a series of material or false
misrepresentations to the market which had the effect of artificially
inflating the market price during the Class Period, which is March 12,
2018 through July 10, 2018.
Plaintiff seeks to recover damages on behalf of all Zion Oil & Gas, Inc.
shareholders who purchased common stock during the Class Period and are
therefore a member of the Class as described above. You may move the
Court no later than Monday, October 8, 2018 to serve as a lead plaintiff
for the entire Class. However, in order to do so, you must meet certain
legal requirements pursuant to the Private Securities Litigation Reform
Act of 1995.
If you wish to discuss this action, obtain further information and
participate in this or any other securities litigation, or should you
have any questions or concerns regarding this notice or preservation of
your rights, please contact:
Robin Hester
FEDERMAN & SHERWOOD
10205 North Pennsylvania
Avenue
Oklahoma City, OK 73120
Email to: rkh@federmanlaw.com
Or,
visit the firm’s website at www.federmanlaw.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180810005363/en/
Copyright Business Wire 2018
Source: Business Wire
(August 10, 2018 - 1:18 PM EDT)
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