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 & Lead Plaintiff Deadline: September 5, 2017 - EconoTimes)
NEW YORK, July 27, 2017 -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Tahoe Resources Inc. (“Tahoe” or the “Company”) (NYSE:TAHO) and certain of its officers, on behalf of shareholders who purchased Tahoe securities between April 3, 2013 through July 5, 2017, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/taho.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) consultation obligations relating to the permitting of the Escobal mining license were not met; (2) as a result, the Escobal mining license is subject to suspension; and (3) consequently, Tahoe’s public statements were materially false and misleading at all relevant times.
On July 6, 2017, Tahoe revealed that the Supreme Court of Guatemala issued a provisional decision related to an action brought by CALAS against Guatemala’s Ministry of Energy and Mines (“MEM”) and suspended the Escobal mining license of Minera San Rafael, Tahoe’s subsidiary. CALAS alleges that MEM violated the Xinca Indigenous people’s right of consultation in advance of granting the Escobal mining license. Following this news, Tahoe stock dropped $2.74 per share, or over 32%, to close at $5.56 per share on July 6, 2017.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: http://www.bgandg.com/taho or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Tahoe you have until September 5, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact: Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Yael Hurwitz 212-697-6484 | [email protected]
