Next Bridge Hydrocarbons, Inc. Lawsuit Submission Form
Company: Next Bridge Hydrocarbons, Inc.
Ticker: (OTC) MMTLP
Deadline
Passed
Lead Plaintiff Deadline: May 14, 2024
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Allegations
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.