DEADLINE ALERT: ROSEN, NATIONAL TRIAL ATTORNEYS, encourages Next Bridge Hydrocarbons, Inc. investors to seek legal counsel in the securities class action lawsuit before the important May 14 deadline

NEW YORK, May 10, 2024 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the shares of Next Bridge Hydrocarbons, Inc. (“NBH”) in connection with the spin-off of NBH from Meta Materials, Inc. (“Meta Materials”) on or about December 14th, 2022, of the important May 14, 2024 Lead Plaintiff Deadline.

The case is against Next Bridge Hydrocarbons, Inc., Ken Rice, George Palikaras, Robert L. Cook, Clifton DuBose Jr., Joseph DeWoody, Lucas T. Hawkins, Delvina Oelkers, Mia Pitts, Kristin Whitley and Gregory McCabe (collectively, “Defendant”).

SO WHAT: If you have purchased NBH Shares you may be entitled to compensation without payment of any out of pocket fees or costs under a contingency fee arrangement.

WHAT TO DO NEXT: To join the NBH class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=23445 or call Phillip Kim, Esq. at. Call us toll-free at 866-767-3653 or email [email protected] for class action information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must go to court no later than May 14, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified advisors who have a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually litigate securities class actions, but are simply middlemen who refer clients or work with law firms that actually litigate the cases. Be wise when choosing your advisor. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest settlement ever in a securities class action lawsuit against a Chinese company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services in 2017 for number of securities class action settlements. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, NBH filed a registration statement in connection with its spinoff from Meta Materials that contained false and/or materially misleading statements. The statements in question concern the value of NBH’s oil and gas assets and NBH’s transactions with related parties. The complaint alleges that these false and/or materially misleading statements violated the Securities Act of 1933, thereby causing harm to stockholders who received NBH shares in connection with the spin-off.

To join the NBH class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=23445 or call Phillip Kim, Esq. at. Call us toll-free at 866-767-3653 or email [email protected] for class action information.

No class has been certified. Until a course is certified, you will not be represented by legal counsel unless you hire one. You can choose a lawyer of your choice. You can also remain an absent course participant at this point and do nothing. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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SOURCE The Rosen Law Firm, PA