NXTFF LOSS NOTICE: Rosen Law Firm Reminds Namaste Technologies Inc. Investors of Important Deadline in Class Action – NXTTF

17729575 G - NXTFF LOSS NOTICE: Rosen Law Firm Reminds Namaste Technologies Inc. Investors of Important Deadline in Class Action – NXTTF

According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Namaste had sold its wholly-owned U.S. subsidiary to Namaste executives; (2) consequently, Namaste did not sell its U.S. subsidiary in an arm’s length transaction; and (3) as a result, defendants’ statements about the company’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

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