Tahoe Resources Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Tahoe Resources Inc |
Stock Symbol : | NYSE: TAHO |
Class Period Start: | 03/12/2015 |
Class Period End: | 07/05/2017 |
Lead Plaintiff motion: | 09/05/2017 |
Date Filed: | 07/07/2017 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Eastern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the September 5, 2017 lead plaintiff deadline in a class action lawsuit filed against Tahoe Resources Inc (NYSE: TAHO) (“Tahoe” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased Tahoe Resources Inc securities between March 12, 2015 and July 5, 2017, have until September 5, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Tahoe 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 consultation obligations relating to the permitting of the Escobal mining license were not met; as a result, the Escobal mining license is subject to suspension; and consequently, Tahoe's public statements were materially false and misleading at all relevant times. On July 5, 2017, the Company revealed that the Supreme Court of Guatemala issued an order suspending its license to operate the Escobal silver mine. Specifically, the suspension followed a claim by a Guatemalan anti-mining group that Guatemala’s Ministry of Energy and Mines violated the local indigenous population’s right to consultation when it initially granted Tahoe’s mining license. On this news, NYSE: TAHO fell $2.74 per share, or over 32%, to close at $5.56 per share on July 6, 2017. If you were negatively impacted by your investment in Tahoe Resources Inc securities between March 12, 2015 and July 5, 2017 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. 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 |