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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Silver Wheaton Corporation (NYSE: SLW) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Silver Wheaton Corporation (NYSE: SLW) concerning whether a series of statements by Silver Wheaton Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 7, 2015, Silver Wheaton Corporation announced that Canadian tax authorities plan to "reassess Silver Wheaton under various rules" in the country's tax law claiming that the company's reported income from its foreign subsidiaries should have been $567 million higher for the years 2005 through 2010. If additional taxes are assessed on Silver Wheaton, the company believes it will have to pay approximately $150 million in taxes and another $57 million in penalties.
Following the issuing of this announcement, NYSE: SLW shares dropped over 10% in intraday trading on July 7, 2015.
Based in Vancouver, BC and founded in 2004, Silver Wheaton Corporation is a precious metals streaming company operating worldwide.
If you purchased shares of Silver Wheaton Corporation (NYSE: SLW) on or before July 7, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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