Rosen Law Firm Investigates Potential Class Action for Paladin Energy Ltd Investors

NEW YORK, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Rosen Law Firm, a prominent global advocate for investor rights, is actively investigating potential securities claims for shareholders of Paladin Energy Ltd (OTC: PALAF). This inquiry arises from allegations that Paladin may have disseminated materially misleading information about its business operations to the public.

What This Means for Investors: If you have purchased securities from Paladin Energy, you might be eligible for compensation without incurring any out-of-pocket expenses, thanks to a contingency fee arrangement. The team at Rosen Law Firm is in the process of preparing a class action aimed at recovering losses sustained by investors.

Next Steps: Interested investors can join the potential class action by visiting this link. Alternatively, you can reach out to Phillip Kim, Esq. by calling toll-free at 866-767-3653 or emailing [email protected] to gather more details about the action.

Background on the Situation: On November 12, 2024, Paladin made a public announcement titled "Langer Heinrich Mine update and revision of FY2025 guidance." The announcement stated that due to lower-than-expected production results in October, alongside ongoing challenges in ramping up production at the Langer Heinrich Mine, Paladin has adjusted its FY2025 production guidance. The new projections range from 3.0 to 3.6 million pounds, down from the previous estimate of 4.0 to 4.5 million pounds, and all other guidance for FY2025 has been withdrawn. As a direct consequence of this news, Paladin’s stock price plummeted by 24.7% on the same day.

Why Choose Rosen Law Firm: When selecting legal counsel for securities class actions, it is vital to choose a firm with a proven track record. Many firms promoting themselves do not have the experience, resources, or peer recognition necessary to effectively handle these complex cases. Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, and has achieved significant successes, including a record settlement against a Chinese company. Recognized consistently for its performance, Rosen Law Firm led the industry with the highest number of securities class action settlements as recorded by ISS Securities Class Action Services in 2017 and has been a top performer each year since 2013. The firm has secured hundreds of millions of dollars for investors, including over $438 million in 2019 alone. Founding partner Laurence Rosen was acknowledged as a Titan of the Plaintiffs’ Bar by Law360 in 2020.

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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

investigation, securities, classaction