NEW YORK, November 21, 2021 (GLOBE NEWSWIRE) –
WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of securities of Camber Energy, Inc. (NYSE American: CEI) between February 18, 2021 and October 4, 2021 inclusive (the “Period of appeal ‘), of the important December 28, 2021, lead applicant deadline.
SO WHAT: If you purchased any securities of Camber during the Class Period, you may be entitled to compensation without payment of fees or out of pocket expenses through a contingency fee agreement.
WHAT TO DO NEXT: To join the Camber class action lawsuit, go to http://www.rosenlegal.com/cases-register-2170.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you wish to act as the principal applicant, you must apply to the Court no later than December 28, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies providing reviews do not have comparable experience, resources or peer recognition. Many of these companies do not in fact litigate class actions in securities. Be wise in choosing a lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and / or misleading statements and / or failed to disclose that: (1) Camber
overstated the financial and business prospects of Viking Energy Group, Inc. (“Viking”) as well as the combined company post-merger; (2) Camber has failed to inform investors and / or downplay that its acquisition of a controlling interest in Viking would exacerbate the Company’s overdue financial statements and its NYSE listing requirements; (3) an institutional investor was diluting Camber’s shares at a significant rate following the Company’s update of July 12, 2021 regarding the number of its issued and outstanding ordinary shares; and (4) accordingly, the defendants’ public statements were materially false and misleading at all material times. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the Camber class action lawsuit, go to http://www.rosenlegal.com/cases-register-2170.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future payback does not depend on whether he is a principal applicant.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827