LOS ANGELES, Aug. 30, 2017 /PRNewswire/ -- Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Tahoe Resources Inc. ("Tahoe" or the "Company") (NYSE: TAHO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between March 12, 2015 and July 5, 2017, inclusive (the "Class Period"), are encouraged to contact the firm before September 5, 2017, the lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate.
We also encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm's website at http://www.goldberglawpc.com/, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Complaint alleges that during the Class Period, Tahoe violated federal securities laws by making materially false and/or misleading public statements, and/or failing to disclose material information, to investors. On July 5, 2017, the Company issued a press release disclosing that it learned of the provisional decision by the Supreme Court of Guatemala to suspend the Escobal mining license of its subsidiary Minera San Rafael. The suspension applies while the court reviews an action brought by CALAS, an anti-mining organization, against Guatemala's Ministry of Energy and Mines ("MEM"). The action alleges that MEM violated the Xinca Indigenous people's right of consultation in advance of granting the Escobal license. Following this news, Tahoe's stock price dropped materially, which caused investors harm.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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SOURCE Goldberg Law PC