Next Bridge Hydrocarbons, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of acquirers of Next Bridge Hydrocarbons, Inc. (“NBH”) shares in connection with NBH’s spin-off from Meta Materials, Inc. (“Meta Materials”) on or around December 14, 2022. The case is against Next Bridge Hydrocarbons, Inc., Ken Rice, George Palikaras, Robert L. Cook, Clifton DuBose Jr., Joseph DeWoody, Lucas T. Hawkins, Delvina Oelkers, Mia Pitts, Kristin Whitley, and Gregory McCabe (together, “Defendants”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 14, 2024.

If you acquired NBH shares pursuant to NBH’ spin-off from Meta Materials and would like to join the action, please click “Join This Class Action.”


Class Period:Pursuant to NBH's spin-off from Meta Materials on or around December 14, 2022


19 Days
If you acquired NBH shares pursuant to NBH' spin-off from Meta Materials you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, NBH filed a registration statement in connection with its spin-off from Meta Materials Inc. (“Meta Materials”) which contained false and/or materially misleading statements. The statements at issue concern the value of NBH’s oil and gas assets and NBH’s transactions with related parties. The complaint alleges that these false and/or materially misleading statements violated the Securities Act of 1933 and, consequently, damaged shareholders who received NBH shares in conjunction with the spin-off.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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