ROSEN, A Best Rated Law Firm, Reminds Sona Nanotech Inc. Traders of Essential February 16 …

NEW YORK, Jan. 25, 2021 (Globe NEWSWIRE) — Rosen Legislation Agency, a international trader legal rights law business, reminds purchasers of the securities of Sona Nanotech Inc. (OTC: SNANF) in between July 2, 2020 and November 25, 2020, inclusive (the “Class Period”) of the important February 16, 2021 direct plaintiff deadline in the securities class motion commenced by the company. The lawsuit seeks to recuperate damages for Sona traders below the federal securities guidelines.

To be part of the Sona course action, go http://www.rosenlegal.c o m/instances-sign up-1994.html or contact Phillip Kim, Esq. toll-totally free at 866-767-3653 or e mail [email protected] or [email protected] for data on the class action.

In accordance to the lawsuit, defendants in the course of the Course Period of time made false and/or misleading statements and/or unsuccessful to disclose that: (1) it was unreasonable for Sona to symbolize that it could acquire benefits from industry scientific studies of its COVID-19 antigen examination in a thirty day period (2) Sona’s good statements about its COVID-19 antigen exam were being unfounded as the U.S. Food items and Drug Administration (“FDA”) would deprioritize emergency use authorization approval of Sona’s antigen exam locating it did not meet up with “the general public well being need” criterion (3) it was unreasonable for Sona to believe that info gathered above these types of a quick interval of time would be sufficient for acceptance of its antigen exam by possibly the Food and drug administration or Health and fitness Canada (4) Sona would have to withdraw its submission for Interim Get authorization from Wellness Canada for the marketing of its COVID-19 antigen exam as it lacked sufficient clinical knowledge to assistance acceptance and (5) as a final result, defendants’ statements about its organization, functions, and prospective buyers, were materially wrong and deceptive and/or lacked a affordable basis at all related moments. When the legitimate particulars entered the industry, the lawsuit promises that buyers endured damages.

A course motion lawsuit has already been submitted. If you want to serve as direct plaintiff, you should shift the Courtroom no later on than February 16, 2021. A lead plaintiff is a agent bash acting on behalf of other course associates in directing the litigation. If you desire to be part of the litigation, go to http://www.rosenlegal.com/instances-regist e r-1994.html or to explore your rights or interests about this course motion, remember to call Phillip Kim, Esq. of Rosen Law Firm toll absolutely free at 866-767-3653 or by means of e-mail at [email protected] or [email protected].

NO Class HAS But BEEN Accredited IN THE Higher than Action. Until eventually A Course IS Accredited, YOU ARE NOT REPRESENTED BY COUNSEL Unless YOU Retain One. YOU May Keep COUNSEL OF YOUR Alternative. YOU May well ALSO Continue to be AN ABSENT Course MEMBER AND DO Very little AT THIS Stage. AN INVESTOR’S Skill TO SHARE IN ANY Potential Future Recovery IS NOT DEPENDENT On SERVING AS Guide PLAINTIFF.

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Rosen Legislation Business represents investors during the world, concentrating its follow in securities course steps and shareholder derivative litigation. Rosen Legislation Company was Ranked No. 1 by ISS Securities Course Action Products and services for selection of securities class motion settlements in 2017. The organization has been ranked in the best 3 each 12 months considering that 2013. Rosen Regulation Business has achieved the biggest at any time securities course action settlement against a Chinese Company. Rosen Regulation Firm’s attorneys are rated and regarded by several unbiased and highly regarded sources. Rosen Law Organization has secured hundreds of thousands and thousands of dollars for buyers. Attorney Marketing. Prior outcomes do not warranty a equivalent result.

Call Info:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Legislation Agency, P.A.
        275 Madison Avenue, 40th Ground
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
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212) 202-3827
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