Anticipated timeline: The press release does not specify a concrete date or even a range for when the Rosen Law Firmâs securitiesâclassâaction investigation into National Grid plc (NGG) will be resolved or settled. In similar shareholderârights cases, the discovery phase alone can take several months, and the overall processâfrom filing to a possible settlement or trial verdictâoften stretches from 12âŻtoâŻ24âŻmonths. Until the firm or the court provides a more precise timetable, the exact resolution date remains undetermined.
Trading implications: Because the timing is uncertain, the market is likely to keep pricing in a âriskâpremiumâ for the potential liability. This usually manifests as modest downside pressure on the stock, especially if the share price is already sensitive to legalârisk headlines. Traders should watch for any updates from Rosen Law Firm, the court docket, or NGGâs investorârelations disclosures; a clear timeline (e.g., a scheduled settlement conference or a courtâset trial date) would either sharpen the risk (if the event is near) or alleviate it (if the case is pushed further out).
Actionable insight: Until a definitive schedule emerges, consider a cautious, shortâtoâmediumâterm biasâeither maintaining a modest short position or limiting exposure with stopâloss orders just below recent support levels. If you hold NGG, monitor the stockâs price action around key technical levels (e.g., the 50âday moving average and recent swing lows) for signs of heightened volatility that often precede legalâevent announcements. A clear timeline or settlement news would be a catalyst; be prepared to react quickly to either a price bounce (settlement) or further decline (adverse ruling).