Silver Wheaton Corporation

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Silver Wheaton Corporation
Stock Symbol : (NASDAQ: SLW)
Class Period Start: 03/30/2011
Class Period End: 07/06/2015
Lead Plaintiff motion: 09/08/2015
Date Filed: 07/08/2015
Type of Case: Securities Class Action
Court: U.S. District Court for the Central District of California
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the September 8, 2015 lead plaintiff deadline in a class action lawsuit filed against Silver Wheaton Corporation (NASDAQ: SLW) (“Silver Wheaton” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Sonus Networks securities between March 30, 2011 and July 6, 2015, have until September 8, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Silver Wheaton securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 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 Silver Wheaton lacked adequate internal accounting controls over its financial reporting. Due to these inadequacies, the Company's financial statements contained errors concerning income tax owed from the income generated by its foreign subsidiaries.

On July 6, 2015, the Company reported that a future audit by the Canada Revenue Agency to reevaluate its earnings from foreign subsidiaries. Silver Wheaton expects to pay approximately $150 million in taxes and another $57 million in penalties after the Agency has estimated that the Company's reported income from its foreign subsidiaries should have been $567 million higher for fiscal years 2005 through 2010.

After the announcement, NASDAQ: SLW share price declined $2.08 per share, an 11.8% decline on heavy volume, to close at $15.46 per share on July 7, 2015.

If you were negatively impacted by your investment in Silver Wheaton securities between March 30, 2011 and July 6, 2015and 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.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Thieler Law Corp

2534 State Street - Suite 406,

San Diego, CA 92101

by

email: mail@thielerlaw.com 

or

telephone at +1 (619) 377 - 4324

or

visit our website http://www.thielerlaw.com/ 

or

Facsimile: +1 (619) 785 – 3185

Transactions
Buy date (mm/dd/yyyy) Number of shares Price per share
Sell date (mm/dd/yyyy) Number of shares Price per share
Please wait...