June 18, 2018 - The lead plaintiffs filed a second amended complaint on behalf of investors who purchased Northern Dynasty Minerals Ltd (NYSEMKT: NAK) common shares between September 16, 2013 and February 17, 2017. The lead plaintiffs allege that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between September 16, 2013 and February 17, 2017.

April 30, 2018 - The court granted defendants' motion to dismiss with leave to amend.

December 11, 2017 - Defendants filed a motion to dismiss.

October 11, 2017 - The lead plaintiffs filed a corrected amended complaint.

September 12, 2017 - The lead plaintiffs filed an amended complaint.

June 6, 2017 - Lead plaintiffs and lead counsel were appointed.

April 17, 2017 - Lead plaintiff motions were filed.

February 15, 2017 - An investor in shares of Northern Dynasty Minerals Ltd (NYSEMKT: NAK), filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Northern Dynasty Minerals Ltd in connection with certain allegedly false and misleading statements made between September 16, 2013 through February 13, 2017.

Canada based Northern Dynasty Minerals Ltd is a mineral exploration company, that, through its subsidiaries, holds interest in mining claims on State of Alaska land in southwest Alaska, the United States, which are part of the Pebble Copper-Gold-Molybdenum Project.

According to the complaint the plaintiff alleges on behalf of purchasers of Northern Dynasty Minerals Ltd (NYSEMKT: NAK) common shares between September 16, 2013 through February 13, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 16, 2013 through February 13, 2017 defendants made false and/or misleading statements and/or failed to disclose that Northern Dynasty Minerals Ltd’s Pebble project is commercially unviable, that Northern Dynasty Minerals Lts’s Pebble project had a negative present value, and that as a result, defendants’ statements about Northern Dynasty Minerals Lts’s business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times.

Shares of Northern Dynasty Minerals Ltd (NYSEMKT: NAK) grew to as high as $3.32 per share on January 24, 2017, respectively $3.36 per share on February 10, 2017.

On February 14, 2107, a report was published alleging that “Northern Dynasty is worthless.” The report, issued by Kerrisdale Capital Management, noted that Northern Dynasty Minerals Ltd stock has risen in value since “the election of Donald Trump… fueled hopes that a more mining-friendly EPA will allow the [Pebble mining] project to move forward.” Kerrisdale believes, however, that “legal and regulatory problems…will continue to plague the Pebble project even under a Trump presidency…”. Shares of Northern Dynasty Minerals Ltd (NYSEMKT: NAK) declined to as low as $1.92 per share on February 14, 2017.