Zion Oil & Gas Inc (ZNOG)

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they apparently are all begging for a lead plaintiff bc no body apparently has yet found a lead plaintiff and the deadline was oct 9

did anybody find and file a lead plaintiff by oct 9 ????

they can file all they want- just increases the chance the judge will find the lawsuit to be frivolous and award costs to zn when the firm cant even produce a named plaintiff

without a named plaintiff,there is no suit- in any other area of the law you have to actually have a client to file(who knew!!!!-idiots) -which shows how ridiculous this circus has been

and even if somebody found a named plaintiff-they have to change the court rules and statutes re notice to be successful- and that cannot be done retroactively bc zn like everybody else has relied on the current law re notice!!!!

cant hold zn to a futuristic standard which does not yet exist!!


and these chasers entire case relies on a tweet or incomplete screenshot of an sec reply to a foia request which does not say zn is under investigation-and even if it did that still would not be the required legal notice!!!- its just crazy

this is at least the 3rd time the schall firm has put out a pr-the last 2 begging for someone willing to be a named lead plaintiff

if i remember schall is based in la- but a suit has to be filed in texas bc thats zn's headquarters/domicile

the judge previously gave the only filed lawsuit a deadline to produce a a named plaintiff

that deadline-oct 9 =-has passed and i've heard nothing about a named plaintiff since -here they are begging for a plaintiff to come forward on the last day of the deadline- de facto admitting that the judges deadline to produce a plaintiff applies to the any other filed case -which filings would be consolidated by a judge if there were 2 or more filed cases w named plaintiff


notice that they dont give a case number or the full legal name of the case -so u cant look it up bc such is required to look up a fed case in the n dist of tx- which has a notoriously poor search function


https://finance.yahoo.com/news/final-deadline...00690.html