Faruqi and Faruqui, LLP Logo
Share this page

NantKwest, Inc. (NK)

NASDAQ:NK

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In NantKwest, Inc. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at NantKwest, Inc. (“NantKwest” or the “Company”) (NASDAQ:NK).

The investigation focuses on whether the Company and its executives violated federal securities laws by announcing on March 11, 2016 that its investors should no longer rely on the Company’s interim financial results for the quarters ended June 30, 2015 and September 30, 2015 as a result of material weaknesses with its internal controls over financial reporting.

Specifically, NantKwest announced its interim financial statements should no longer be relied upon due to the errors attributable to certain stock-based awards to NantKwest’s Chief Executive Officer and Executive Chairman and a build-to-suit lease accounting related to one of its research and development and Good Manufacturing Practices facilities.

Take Action

If you invested in NantKwest stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/NK.  You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding NantKwest’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Request Information

Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.

  • Case:
    NantKwest, Inc. (NK)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 03/14/2016

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.