Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Bright Green Corporation (BGXX) on Behalf of Investors
Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Bright Green Corporation ("Bright Green" or the "Company") (NASDAQ: BGXX) investors concerning the Company's possible violations of the federal securities laws.
If you suffered a loss on your Bright Green investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Bright-Green-Corporation/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
On June 2, 2022, Green Market Report published a report alleging that Bright Green's former CEO was accusing the Company of fraud, claiming Bright Green was a "sham, operated illegally and fraudulently"
On this news, Bright Green's stock price fell $0.94, or 26.1%, over the next two consecutive trading days, to close at $2.66 per share on June 6, 2022, thereby injuring investors.
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Whistleblower Notice: Persons with non-public information regarding Bright Green should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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