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On August 24, 2016, Reuters reported that Mexican regulators are investigating whether Goldcorp broke any regulations in its handling of a contaminated water leak at Mexico's biggest goldmine, previously undisclosed to the investing public by the Company.
On this news, Goldcorp stock fell $1.64, or 9.27%, to close at $16.05 on August 24, 2016.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
Robert S. Willoughby
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-goldcorp-inc--gg-300318009.html
SOURCE Pomerantz LLP