Pretium Resources Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Pretium Resources Inc
Stock Symbol : NYSE: PVG
Class Period Start: 07/21/2016
Class Period End: 09/06/2018
Lead Plaintiff motion: 11/06/2018
Date Filed: 09/07/2018
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of New York
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the November 6, 2018 lead plaintiff deadline in a class action lawsuit filed against Pretium Resources Inc (NYSE: PVG) (“Pretium Resources” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Pretium Resources Inc securities between July 21, 2016 and September 6, 2018, have until November 6, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Pretium Resources Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Brucejack Project is not a high-grade, high-output mine; and consequently, defendants’ statements about Pretium’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

On September 6, 2018, a report released by Viceroy Research revealed that Pretium artificially inflated certain grade and reserve projections for its Brucejack gold mine. Viceroy also reported that Pretium is taking “double the amount of rock from the underground mine than disclosed to investors” as the company “scambl[es] to find consistent, high-grade ore[.]”

Following this news, NYSE: PVG fell roughly 10% to close at $6.94 per share on September 6, 2018.

If you were negatively impacted by your investment in Pretium Resources Inc securities between July 21, 2016 and September 6, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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