PHILADELPHIA, PA / ACCESSWIRE / September 22, 2022 / Kaskela Law LLC announces that it is investigating BitNile Holdings, Inc. ("BitNile") (NYSE:NILE) on behalf of the Company's investors.
Since September 2021, shares of BitNile's common stock have declined from approximately $2.50 per share to a current trading price of less than $0.25 per share, a cumulative decline of over $2.25 per share, or 90% in value.
The investigation seeks to determine whether BitNile and/or the company's representatives have issued false and/or misleading statements and/or failed to disclose material information to BitNile investors, thereby causing investor losses.
BitNile stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 - 0750, or by email ([email protected] / [email protected]) or online at https://kaskelalaw.com/cases/bitnile-holdings-inc/ , for additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $150 million on behalf of victimized investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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SOURCE: Kaskela Law LLC