NNDM - Investor Alert: Abbott Cooper PLLC Announces Investigation into Nano Dimension Ltd.; Urges Nano Shareholders to Contact Abbott Cooper Regarding Their Legal Rights | Benzinga
STAMFORD, Conn., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Abbott Cooper PLLC is investigating Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano" or the "Company") on behalf of the Company's investors.
Nano stockholders are encouraged to contact Abbott Cooper PLLC by calling (475) 333-0674, emailing ac@abbottlawyer.com or visiting our website at www.abbottlawyer.com for additional information about this investigation as well as their legal rights and options.
The investigation concerns whether Nano and its chief executive officer, Yaov Stern, engaged in securities fraud and other unlawful business practices. Specifically, the investigation seeks to determine whether Mr. Stern violated federal securities laws in connection with the purchase and sale of Nano's American Depositary Shares ("ADSs") and Nano's tender offer for ordinary shares ("Stratasys Shares") of Stratasys Ltd.
From May 15, 2023 to May 25, 2023, Mr. Stern bought an aggregate amount of 2,100,000 of Nano's ADSs. On May 25, 2023, Nano launched a tender offer (the "Tender Offer) to purchase up to 27,925,689 Stratasys Shares for $18.00 per share. As of May 25, 2023, Nano was the beneficial owner of 9,695,115 Stratasys Shares, representing approximately 14.2% of the issued and outstanding Stratasys Shares.
On June ...