NEW YORK, July 12, 2017 -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Tahoe Resources Inc. (“Tahoe” or the “Company”) (NYSE:TAHO) of the September 5, 2017 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
If you invested in Tahoe stock or options between April 13, 2013 and July 5, 2017 and would like to discuss your legal rights, click here: www.faruqilaw.com/TAHO. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].
CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
The lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all those who purchased Tahoe securities between April 13, 2013 and July 5, 2017 (the “Class Period”). The case, Cabrera Jr. v. Tahoe Resources Inc. et al. No. 1:17-cv-05155 was filed on July 7, 2017.
The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose material adverse information regarding its Escobal mining operation in Guatemala. In particular, the lawsuit alleges that the Company failed to disclose that the consultation obligations regarding its Escobal mining license had not been met, that this failure had the potential to subject its mining license to suspension, and that as a result revenue associated with the Escobal mine was unlikely to be sustainable.
Specifically, after market close on July 5, 2017, the Company announced that the Supreme Court of Guatemala issued a provisional order suspending its license to operate the Escobal mine. The suspension followed a legal action taken against Guatemala’s Ministry of Energy and Mines for violating the indigenous Xinca people’s right of consultation prior to granting the Company its mining license.
Following this news, Tahoe’s share price fell from its previous close of $8.30 per share on July 5, 2017, to a closing price of $5.56 on July 6, 2017—a $2.74 or a 33.01% drop.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Tahoe’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.


Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
TSMC Japan's Second Fab to Produce 3nm Chips by 2028
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook
McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand
Apple Turns 50: From Garage Startup to AI Crossroads
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations 



