COMPANY |
Tahoe Resources, Inc. |
COURT |
United States District Court for the District of Nevada |
CASE NUMBER |
17-cv-01868 |
JUDGE |
Honorable Richard Franklin Boulware II |
CLASS PERIOD |
April 3, 2013 through August 24, 2017 |
SECURITY TYPE |
Common Stock |
Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Tahoe Resources, Inc. (“Tahoe” or the “Company”) common stock between April 3, 2013 and August 24, 2017, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) consultation obligations relating to the permitting of the Escobal mining license were not met; (2) in turn, the Escobal mining license is subject to suspension; and (3) as a result, Tahoe’s public statements were materially false and misleading at all relevant times.
Current Status of Case:
On February 13, 2024, the Court granted Final Approval of the Class Action Settlement. This action has concluded.
Please be advised that the deadline to file a claim was February 1, 2024. If you have any questions or need further information about this settlement, you may go to the following website, https://www.ustahoesettlement.com/, or you can contact the claims administrator, Epiq Systems, Inc. at 1-855-903-0315.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.