NEW YORK, Sept. 21, 2016 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, reminds
investors in Goldcorp Inc. ("Goldcorp" or the "Company") (NYSE:GG)
of the October 24, 2016 deadline to
seek the role of lead plaintiff in a federal securities class
action lawsuit filed against the Company and certain officers.
The lawsuit has been filed in the U.S. District Court for the
Central District of California on
behalf of all those who purchased Goldcorp stock or options between
March 31, 2014 and August 24, 2016 (the "Class Period"). The
case, Robert Cowan v. Goldcorp,
Inc. et al, No. 2:16-cv-06391 was filed on August 25, 2016, and has been assigned to Judge
Fernando M. Olguin.
The lawsuit focuses on whether the Company and its executives
violated federal securities laws by failing to disclose the
severity of selenium levels in groundwater around its Peñasquito
Mine in Mexico.
Specifically, on August 24, 2016,
Reuters reported that Mexican regulators were examining
whether Goldcorp broke reporting or disclosure regulations in its
handling of a long-running leak of contaminated water at the
Peñasquito Mine that had been occurring as early as October 2013.
After the announcement, Goldcorp's share price fell from
$17.69 per share on August 23, 2016 to a closing price of
$16.05 on August 24, 2016 —a $1.64 or a 9.27% drop.
Request more information now by clicking here:
www.faruqilaw.com/GG. There is no cost or obligation to
you.
Take Action
If you invested in Goldcorp stock or options between
March 31, 2014 and August 24, 2016 and would like to discuss your
legal rights, visit www.faruqilaw.com/GG. You can also contact us
by calling Richard Gonnello toll
free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding Goldcorp's conduct to
contact the firm, including whistleblowers, former employees,
shareholders and others.
The court-appointed lead plaintiff is the investor with the
largest financial interest in the relief sought by the class that
is adequate and typical of class members who directs and oversees
the litigation on behalf of the putative class. Any member of the
putative class may move the Court to serve as lead plaintiff
through counsel of their choice, or may choose to do nothing and
remain an absent class member. Your ability to share in any
recovery is not affected by the decision of whether or not to serve
as a lead plaintiff.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with
respect to any future matter. We welcome the opportunity to discuss
your particular case. All communications will be treated in a
confidential manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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