NEW YORK, Aug. 01, 2018 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Zion Oil & Gas, Inc. (“Zion or the “Company”) (NASDAQ:ZN). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether Zion and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 11, 2018, Zion disclosed that the Company had received a subpoena to produce documents from the Fort Worth office of the U.S. Securities and Exchange Commission, informing Zion of the existence of a non-public, fact-finding inquiry into the Company. On this news, Zion’s stock price fell $0.44, or 11%, to close at $3.56 on July 12, 2018.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
Robert S. Willoughby
888-476-6529 ext. 9980