NEW YORK, June 01, 2017 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces the filing of a securities class action lawsuit in the United State District Court for the Eastern District of New York against Eco Science Solutions, Inc. (“Eco Science” or the “Company”) (Other OTC: ESSI ) on behalf of investors who acquired shares between May 1, 2017 and May 19, 2017 inclusive (the “Class Period”).
Investors who have incurred losses in Eco Science Solutions, Inc. s hares are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.
If you have purchased shares and would like to assist with the litigation process as a lead plaintiff, you may, no later than July 24, 2017 , request that the Court appoint you lead plaintiff of the proposed class.
According to the filed Complaint, throughout the Class Period, Eco Science made materially false and misleading statements, and/or failed to disclose that its plan for strategic acquisitions lacked veracity; consequently, the Company’s statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On May 19, 2017, the United States Securities & Exchange Commission (SEC) announced a temporary suspension of trading Eco Science securities “because of concerns regarding the accuracy and adequacy of publicly disseminated information concerning, among other things, ESSI’s proposed acquisition of Ga-Du Bank, Inc.”
As of June 1, 2017, the stock was still halted, having last traded at $2.37 per share on May 19 th .
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com , or visit our website at www.whafh.com.
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Contact: Wolf Haldenstein Adler Freeman & Herz LLP Kevin Cooper, Esq. Gregory Stone, Director of Case and Financial Analysis Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com Tel: (800) 575-0735 or (212) 545-4774
