DALLAS and CAESAREA, Israel, April 20, 2017 /PRNewswire/ -- Zion Oil and Gas, Inc. (ZN) is aware of press releases made by Purcell Julie & Lefkowitz, LLP, and Levi & Korsinsky, LLP., whom are law firms investigating the Company for an alleged potential breach of fiduciary duty claim involving the Company's Board of Directors. The Company takes seriously the allegations and will investigate and respond appropriately to such claims. Zion, will vigorously defend its management and Board of Directors against any false or misleading allegation. Zion aims to be transparent with its shareholders with the goal of being above reproach.
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