Investigation Launched Against Solesence, Inc. by Kaskela Law LLC
Philadelphia, PA – March 18, 2025 – In a recent press release, Kaskela Law LLC, a securities law firm, announced that it is investigating Solesence, Inc. (OTC: NANX), previously known as Nanophase Technologies Corp., on behalf of the company’s shareholders. The investigation comes after a series of allegations regarding potential securities laws violations.
Background on Solesence, Inc.
Solesence, Inc. is a technology company that specializes in the development and commercialization of advanced materials and technologies. The company’s primary focus is on the production of nanomaterials for various industries, including electronics, energy, and healthcare. Solesence’s stock is publicly traded on the Over-the-Counter (OTC) market under the symbol NANX.
Allegations against Solesence, Inc.
According to the investigation, Kaskela Law LLC is looking into potential securities laws violations related to Solesence’s financial reporting and disclosures. Specifically, the law firm is investigating the accuracy and completeness of the company’s financial statements and disclosures, as well as its internal controls and corporate governance. The investigation was prompted by a number of red flags, including inconsistencies in the company’s financial reports and disclosures, as well as concerns about insider trading.
Impact on Shareholders
The investigation has caused significant volatility in Solesence’s stock price, with the shares dropping sharply following the announcement. Shareholders who purchased Solesence stock prior to the investigation may be able to recover their losses through a securities class action lawsuit. It is important for shareholders to contact Kaskela Law LLC to discuss their potential legal rights and options.
Impact on the World
The investigation into Solesence, Inc. is not just a concern for the company’s shareholders, but also for the broader technology industry. The allegations of securities laws violations raise concerns about the integrity of the company’s financial reporting and disclosures, which could impact its ability to secure funding and partnerships in the future. Additionally, if the allegations are proven true, it could lead to increased scrutiny and regulation of the technology industry as a whole.
Conclusion
The investigation into Solesence, Inc. by Kaskela Law LLC is a serious matter that could have significant implications for the company and the technology industry as a whole. Shareholders who purchased Solesence stock prior to the investigation may be able to recover their losses through a securities class action lawsuit. It is important for all parties involved to stay informed about the latest developments in this story. For more information, contact Kaskela Law LLC at (215) 482-3738 or [email protected].
- Solesence, Inc. is being investigated by Kaskela Law LLC for potential securities laws violations.
- The investigation comes after concerns about financial reporting and disclosures, insider trading, and inconsistencies in the company’s financial statements.
- Shareholders who purchased Solesence stock prior to the investigation may be able to recover their losses through a securities class action lawsuit.
- The investigation could have significant implications for the company and the technology industry as a whole.
