NEW YORK, April 28, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Cadiz Inc. (Nasdaq:CDZI) between March 10, 2014 and April 21, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. If you purchased or otherwise acquired Cadiz Inc. ("Cadiz") securities between March 10, 2014 and April 21, 2015, your rights may be affected by this action. To get more information go to:
HTTP://ZLKDOCS.COM/CDZI-INFO-REQUEST-FORM-2858
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
On April 21, 2015, an article featured on SeekingAlpha reported that the Company's main water project has "effectively already failed" due to regulatory and budgetary concerns, and that the Company is allegedly nearing bankruptcy.
If you suffered a loss in Cadiz you have until June 23, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.