NEW YORK, Sept. 30, 2016 /PRNewswire/ -- Rosen Law Firm, a
global investor rights law firm, remind purchasers of MGT Capital
Investments, Inc. securities (NYSE: MGT) from May 9, 2016 through September 20, 2016, both dates inclusive (the
"Class Period") of the important November
21, 2016 lead plaintiff deadline in the class action. The
lawsuit seeks to recover damages for MGT investors under the
federal securities laws.
To join the MGT class action, go to the firm's website at
http://rosenlegal.com/cases-956.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for more
information on the class action.
NO 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 ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) MGT was engaging and/or had engaged in
conduct that would result in an SEC investigation; (2) the SEC
investigation and the underlying conduct would cause the NYSE to
refuse to list MGT's 43.8 million shares required for the D-Vasive
merger; (3) as such, the D-Vasive merger would likely not be
completed; and (4) as a result, defendants' statements about MGT's
business, operations, and prospects were false and misleading
and/or lacked a reasonable basis. When the true details entered the
market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
November 21, 2016. A lead plaintiff
is a representative party acting on behalf of other class members
in directing the litigation. If you wish to join the litigation, go
to the firm's website at http://rosenlegal.com/cases-956.html for
more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at
866-767-3653 or via email at pkim@rosenlegal.com or
kchan@rosenlegal.com. Attorney Advertising. Prior results do not
guarantee a similar outcome.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.