Goldman Sachs CEO David Solomon’s 2025 Pay Soars to $47 Million After Strong Deal-Making Year 
LVMH Succession Uncertainty Raises Governance Concerns Among Shareholders 
BYD and Exxon Mobil Strengthen Hybrid Technology Partnership 
Hermès Menswear Marks Historic Transition as Véronique Nichanian Bids Farewell in Paris 
Microsoft Wins Approval to Build 15 New Data Centers in Wisconsin 
Baker Hughes Reports 11% Rise in Q4 Adjusted Profit Driven by LNG Demand 
Trump Administration Takes Stake in USA Rare Earth to Boost U.S. Critical Minerals Supply 
Trump Lawsuit Against JPMorgan Signals Rising Tensions Between Wall Street and the White House 
NTSB Opens Investigation Into Waymo Robotaxis After School Bus Safety Violations in Texas 
Delta Air Lines Operates Reduced Flight Schedule as Winter Storm Disrupts U.S. Travel 
Micron to Expand Memory Chip Manufacturing Capacity in Singapore Amid Global Shortage 
ANTA Sports to Acquire Major Stake in Puma in €1.5 Billion Deal, Signaling Strategic Revival 
Ford and GM Near Financing Deal to Support First Brands Group During Bankruptcy 
Samsung Set to Begin HBM4 Production for Nvidia and AMD 
Ryanair Profit Slumps in Q3 After Italy Antitrust Fine Despite Revenue Growth 
Zijin Mining Shares Hit Record High on $4 Billion Allied Gold Acquisition 
NEW YORK, May 15, 2017 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Barrick Gold Corporation (NYSE:ABX) who purchased shares between February 16, 2017 and April 24, 2017. The action, which was filed in the United States District Court for the Southern District of New York, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) the pipes and safety systems at the Veladero mine were not robust enough to prevent gold-bearing solution spills; (2) as a result, Argentinian authorities would restrict the addition of cyanide to the Veladero mine’s heap leach facility and require remedial work; (3) these developments would impact (and were impacting) the production capacity of the Veladero mine; (4) as such, the Company’s Veladero mine production guidance and total gold production guidance were overstated; and (5) as a result of the foregoing, Defendants’ statements about Barrick’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Shareholders have until July 10, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/barrick-gold-corporation.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Joseph Klein, Esq. Empire State Building 350 Fifth Avenue 59th Floor New York, NY 10118 Telephone: (212) 616-4899 Fax: (347) 558-9665 www.kleinstocklaw.com
