Paladin Energy Ltd Investigation Announcement

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a recognized global investor rights law firm, is launching an investigation into possible securities claims on behalf of shareholders of Paladin Energy Ltd (OTC: PALAF). This investigation comes after allegations that the company may have provided misleading information regarding its business practices to investors.

Why This Matters: If you have purchased shares of Paladin Energy, you might be entitled to compensation. This compensation could be pursued without any upfront costs, thanks to a contingency fee arrangement. The Rosen Law Firm is currently preparing to file a class action lawsuit aimed at recovering losses suffered by investors.

Next Steps for Investors

To become part of the potential class action, interested shareholders should visit this link or contact Phillip Kim, Esq. by calling toll-free at 866-767-3653. You can also reach out via email at [email protected] for more information about the class action.

Background Information

On November 12, 2024, Paladin Energy made an announcement titled "Langer Heinrich Mine Update and Revision of FY2025 Guidance." In this statement, the company revealed that due to lower-than-expected production in October and ongoing operational challenges, it decided to reduce its forecast for fiscal year 2025 production to between 3.0 and 3.6 million pounds of uranium, down from the previous estimate of 4.0 to 4.5 million pounds. This news led to a significant decline in Paladin's share price, which dropped by 24.7% on the same day.

Why Choose Rosen Law Firm

Investors are urged to carefully select their legal representation. The Rosen Law Firm has a strong track record in handling securities class actions and shareholder derivative litigation. The firm has notably secured the largest-ever settlement against a Chinese company within this context. They have consistently ranked high for the number of successful settlements in securities class actions, recovering hundreds of millions of dollars for investors over the years. In 2019, for instance, they recovered over $438 million, showcasing their expertise and dedication to investor rights.

For updates and information, follow the Rosen Law Firm on their social media channels: LinkedIn, Twitter, and Facebook.

Attorney Advertising. Prior results do not guarantee similar outcomes.

Contact Information:

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

Paladin, law, investors