The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Eco Science Solutions, Inc. (OTCMKTS: ESSI) who purchased shares between May 1, 2017 and May 19, 2017. The action, which was filed in the United States District Court for the District of New Jersey, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that (i) the Company’s plan for strategic acquisitions lacked veracity; and (ii) as a result, Defendants’ statements about the Company’s business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times. On May 19, 2017, the U.S. Securities and Exchange Commission issued an order of suspension of trading, halting trading of the Company’s securities.
Shareholders have until July 24, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
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