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LOS ANGELES, Aug. 28, 2017 -- Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Tahoe Resources Inc. (“Tahoe” or the “Company”) (NYSE:TAHO) for possible violations of federal securities laws from March 12, 2015 through July 5, 2017, inclusive (the “Class Period”). Investors who purchased or otherwise acquired Tahoe shares during the Class Period should contact the firm before the September 5, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at [email protected].
No class has been certified in the above action yet, and until a class is certified, you are not considered to be represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, during the Class Period, Tahoe made false and/or misleading statements and/or failed to disclose: that consultation obligations relating to the permitting of the Escobal mining license were not met; that the Escobal mining license is subject to suspension; and that as a result, the Company’s public statements were materially false and misleading at all relevant times. On July 5, 2017, Tahoe revealed that the Supreme Court of Guatemala issued a provisional decision suspending the Escobal mining license of its subsidiary Minera San Rafael, in connection with an action brought by CALAS against Guatemala’s Ministry of Energy and Mines (“MEM”). CALAS alleged that MEM violated the Xinca Indigenous people’s right of consultation before granting the Escobal mining license. Following this news, Tahoe’s share price dropped significantly, which caused investors harm according to the lawsuit.
Lundin Law PC was established by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding the rights of shareholders.
This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethics rules.
Contact: Lundin Law PC Brian Lundin, Esq. Telephone: 888-713-1033 Facsimile: 888-713-1125 [email protected] http://lundinlawpc.com/
