NEW YORK, NY / ACCESSWIRE / November 18, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
RECAF Shareholders Click Here: https://www.zlk.com/pslra-1/reconnaissance-energy-africa-ltd-f-k-a-lund-enterprises-corp-loss-submission-form?prid=21368&wire=1
CEI Shareholders Click Here: https://www.zlk.com/pslra-1/camber-energy-inc-loss-submission-form?prid=21368&wire=1
SNAP Shareholders Click Here: https://www.zlk.com/pslra-1/snap-inc-loss-submission-form?prid=21368&wire=1
* ADDITIONAL INFORMATION BELOW *
Reconnaissance Energy Africa Ltd. f/k/a Lund Enterprises Corp. (OTCMKT:RECAF)
RECAF Lawsuit on behalf of: investors who purchased February 28, 2019 - September 7, 2021
Lead Plaintiff Deadline : December 27, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/reconnaissance-energy-africa-ltd-f-k-a-lund-enterprises-corp-loss-submission-form?prid=21368&wire=1
According to the filed complaint, during the class period, Reconnaissance Energy Africa Ltd. f/k/a Lund Enterprises Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) ReconAfrica's plan for using unconventional means for energy extraction (including fracking) in the fragile Kavango area; (2) ReconAfrica would begin unlicensed drilling tests; (3) ReconAfrica would illegally use water for well testing; (4) ReconAfrica would illegally store used water in unlined pools; (5) ReconAfrica would skirt Namibian law and hire an inadequate and inappropriate consultant; (6) as a result, ReconAfrica risked future well, drilling, and water-related licenses in Namibia and Botswana; (7) as opposed to its representations, ReconAfrica did not reach out nor provide adequate information (including in relevant local languages) through accessible means to those to be impacted by its testing and potential energy extraction; (8) ReconAfrica's interests are in the Owambo Basin, not the so-called Kavango Basin; (9) ReconAfrica has continuously engaged in stock pumping; and (10) as a result of the foregoing, Defendants' public statements were materially false and/or misleading at all relevant times.
Camber Energy, Inc. (NYSE:CEI)
CEI Lawsuit on behalf of: investors who purchased February 18, 2021 - October 4, 2021
Lead Plaintiff Deadline : December 28, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/camber-energy-inc-loss-submission-form?prid=21368&wire=1
According to the filed complaint, during the class period, Camber Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Camber overstated the financial and business prospects of Viking as well as the combined company post merger; (ii) Camber failed to apprise investors of, and/or downplayed, the fact that its acquisition of a controlling interest in Viking would exacerbate the Company's delinquent financial statements and listing obligations with the NYSE; (iii) an institutional investor was diluting Camber's shares at a significant rate following the Company's July 12, 2021 update regarding the number of its shares of common stock issued and outstanding; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Snap Inc. (NYSE:SNAP)
SNAP Lawsuit on behalf of: investors who purchased July 22, 2020 - October 21, 2021
Lead Plaintiff Deadline : January 10, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/snap-inc-loss-submission-form?prid=21368&wire=1
According to the filed complaint, during the class period, Snap Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Apple's privacy changes would have, and were having, a material impact on the Company's advertising business; (2) Snap overstated its ability to transition its advertising with Apple's privacy changes; (3) Snap knew of, but downplayed, the risks of the impact that Apple's privacy changes had on the Company's advertising business; (4) Snap overstated its commitment to privacy; and (5) as a result of the foregoing, Defendants' public statements and statements to journalists were materially false and/or misleading at all relevant times.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
View source version on accesswire.com:
https://www.accesswire.com/673679/CLASS-ACTION-UPDATE-for-RECAF-CEI-and-SNAP-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders
