SAN DIEGO, April 02, 2024 (GLOBE NEWSWIRE) -- The Denver office of Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of SSR Mining, Inc. (NASDAQ: SSRM), a Denver-headquartered company. The SSR Mining class action lawsuit aims to recoup financial losses suffered by investors. Johnson Fistel LLP, a top law firm, can help you become the lead plaintiff. Stay updated on the lawsuit by checking for the latest news.
The class action is on behalf of shareholders who purchased or otherwise acquired securities between February 23, 2022 and February 27, 2024. Investors have until May 17, 2024, to move the Court to serve as lead plaintiff in this action.
CLICK HERE TO SUBMIT YOUR INFORMATION NOW!
On February 13, 2024, SSR Mining stock fell 46% following a report that the Company halted all operations at its Copler gold mine in Turkey due to “a large slip on the heap leach pad”. Nine miners were missing; the Turkish government said it has launched an investigation into the incident. Then on February 18, 2024, the Company stated that Turkey's government has revoked the Copler gold mine's environmental permit, and the mine will remain suspended until further notice.
The SSR Mining class action lawsuit alleges: (1) Defendants materially overstated SSR Mining's commitment to safety and the efficacy of its safety measures; (2) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. Join the class action suit as potential lead plaintiff. No cost or obligation. Claim your rights.
Investor Action Steps: Shareholders who sustained financial losses during the designated class period are entitled to petition the court, until May 17, 2024, to secure the position of a lead plaintiff in this proceeding. The lead plaintiff assumes the responsibility of representing the collective interests of all class members, guiding the direction of the class-action lawsuit. This pivotal role allows the lead plaintiff the autonomy to appoint a legal firm of their preference to pursue litigation in the class-action case.
CLICK HERE TO SUBMIT YOUR INFORMATION NOW!
About Johnson Fistel, LLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, LLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
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