Paladin Energy Ltd Investigation for Shareholders: Your Rights Matter
NEW YORK, Jan. 25, 2025 (GLOBE NEWSWIRE) --
Rosen Law Firm Announcement: Rosen Law Firm, a well-known global investor rights law firm, is currently investigating potential securities claims for shareholders of Paladin Energy Ltd (OTC: PALAF). This investigation arises from allegations suggesting that Paladin may have provided misleading information regarding their business operations to the public.
Who Should Pay Attention: If you have purchased shares or securities from Paladin Energy, you may be eligible for compensation. This may be obtainable at no upfront cost to you, as the Rosen Law Firm works on a contingency fee basis. They are actively preparing a class action aimed at recovering investor losses.
What to Do Next: If you wish to be part of this potential class action lawsuit, you can join by visiting this link, calling Phillip Kim, Esq. at 866-767-3653, or sending an email to [email protected] for further details.
Background of the Investigation: On November 12, 2024, Paladin released a significant announcement titled "Langer Heinrich Mine update and revision of FY2025 guidance." Within this announcement, Paladin revealed that production results for October were lower than expected. Following this, they decided to adjust their forecast for FY2025 production to between 3.0 and 3.6 million pounds, down from a previous estimate of 4.0 to 4.5 million pounds. Additionally, they retracted all prior guidance related to FY2025.
Following these revelations, Paladin's stock experienced a substantial decline, dropping by 24.7% on November 12, 2024. This drastic change has triggered concerns among investors regarding the transparency and accuracy of the company's statements.
Why Choose Rosen Law Firm: It is crucial for investors to select legal counsel that has a proven track record in securities class actions. Many firms that send out notices may lack the necessary experience or resources to handle complex securities litigation effectively. In contrast, the Rosen Law Firm focuses on securities class actions and related shareholder litigation and has successfully secured impressive settlements in the past. In 2017, the firm was ranked No. 1 for the number of securities class action settlements and has reclaimed hundreds of millions of dollars for aggrieved investors. Notably, in 2019, they recovered over $438 million in total for their clients. The firm's founding partner, Laurence Rosen, received accolades as a Titan of the Plaintiffs' Bar by Law360 in 2020, underscoring their reputation in the legal community.
For ongoing updates, you can follow the Rosen Law Firm on their social media platforms like LinkedIn, Twitter, or Facebook.
Disclaimer: This notice serves for informational purposes only and is not investment advice. Previous results do not guarantee similar outcomes in the future.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com