Next Bridge Hydrocarbons, Inc. Class Action Lawsuit - MMTLP

The complaint alleges that NBH filed a registration statement in connection with its spin-off from Meta Materials that contained false and/or materially misleading statements. The statements at issue concern the value of the Company’s oil and gas assets and NBH’s transactions with related parties. The complaint alleges that these false and/or materially misleading statements violated the Securities Act of 1933 and, consequently, damaged shareholders who received NBH shares in conjunction with the spin-off.

In order to be eligible to join the MMTLP class action lawsuit, you must have incurred a loss on shares of Next Bridge purchased during the class period listed above.

If you suffered a loss in Next Bridge during the relevant time frame, you have until May 14, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

The complaint alleges that NBH filed a registration statement in connection with its spin-off from Meta Materials that contained false and/or materially misleading statements. The statements at issue concern the value of the Company’s oil and gas assets and NBH’s transactions with related parties. The complaint alleges that these false and/or materially misleading statements violated the Securities Act of 1933 and, consequently, damaged shareholders who received NBH shares in conjunction with the spin-off.