The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased NantKwest, Inc. (NASDAQ: NK) securities between September 10, 2015 and March 10, 2016.
The complaint alleges that throughout the class period, NantKwest issued false and misleading statements and or/failed to disclose that: (a) the Company’s financial statements contained errors related to stock-based awards to its CEO and Executive Chairman, defendant Patrick Soon-Shiong; (b) the Company’s financial statements contained errors related to build-to-suit lease accounting related to one of its research and development and good manufacturing practices facilities; and (c) the Company lacked effective internal financial controls.
If you suffered a loss in NantKwest you have until May 23, 2016 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.
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