Arons & Arons, LLC. – Deadline Reminder for Tahoe Resources, Inc. Securities Shareholders
August 31 2017 - 10:30AM
Business Wire
The law firm of Arons & Arons, LLC. reminds Tahoe Resources,
Inc. (“Tahoe” or the “Company”) (NYSE:TAHO; TSX: THO) shareholders
that a class action lawsuit has been filed in the United States
District Court for the District of Nevada against Tahoe on behalf
of purchases of the Company’s securities between April
3rd, 2013 and July 5th, 2017,
inclusive (the “Class Period”)
DEADLINE REMINDER: Tahoe shareholders who purchased
securities during the Class Period have until September 5th,
2017, to seek appointment as a lead plaintiff
representative of the class. For additional information
please contact Arons & Arons, LLC (Jeffrey S. Arons,
Esq.) at (973) 762-0795 or (877) 512-7667, or via email at
info@aronslaw.net. Additional information may also
be found at
https://www.aronslaw.net/securities-fraud.
According to the complaint, on July 5th, 2017, after markets
closed, Tahoe issued a press release announcing the suspension of
the Escobal mining license. Shares of the Company’s stock declined
over 33% on July 6, 2017, on unusually heavy trading volume.
Subsequently, on August 8, 2017, Tahoe disclosed that, “[d]ue to
the temporary suspension of the Escobal mining license, the Company
has ceased dividend payments, and has suspended company-wide
multi-year guidance.”
The Complaint alleges that, throughout the Class Period, the
defendants failed to disclose that (1) Tahoe’s exploitation license
of the Escobal mine assets was in violation of the indigenous
people’s rights to be consulted; (2) Tahoe was not in compliance
with government law and regulations; and (3) as a result of the
foregoing, the defendants’ statements about Tahoe’s business,
operations, and prospects, were false and misleading and/or lacked
a reasonable basis.
If you are an investor in Tahoe, or have any questions
concerning your rights or interests with respect to this matter,
you are encouraged to contact Arons & Arons, LLC (Jeffrey
Arons, Esq.) at (973) 762-0795 or (877) 512-7667, or via email at
info@aronslaw.net, for a free, no obligation, consultation.
Shareholders may, no later than September 5th,
2017, seek to be appointed as lead plaintiff representative
through Arons & Arons, LLC. or other counsel, or may choose to
do nothing and remain an absent class member. Please contact us to
speak directly to an attorney about
this case.
This press release may be considered Attorney Advertising in
some jurisdictions under applicable laws and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170831005643/en/
Arons & Arons, LLC.Jeffrey Arons,
Esq.973-762-0795877-512-7667info@aronslaw.net
Tahoe Resources Ordinary Shares (Canada) (NYSE:TAHO)
Historical Stock Chart
From Aug 2024 to Sep 2024
Tahoe Resources Ordinary Shares (Canada) (NYSE:TAHO)
Historical Stock Chart
From Sep 2023 to Sep 2024