NEW YORK, Aug. 24, 2016 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Goldcorp, Inc. ("Goldcorp" or the "Company") (NYSE: GG). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
The investigation concerns whether Goldcorp and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
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
SOURCE Pomerantz LLP