Tahoe Resources Inc (NYSE:TAHO) Investor Securities Class Action Lawsuit 07/07/2017

If you purchased a significant amount of shares of Tahoe Resources Inc (NYSE:TAHO) between March 12, 2015 and July 5, 2017, and / or if you purchased any NYSE:TAHO shares prior to March, 2015 and continue to hold any of those shares, you have certain options and for certain investors are short and strict deadlines running. Deadline: September 5, 2017. NYSE:TAHO investors should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this case, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Tahoe Resources
Case Name: 
Tahoe Resources
Case Status: 
Lawsuit Filed
Affected Securities
NYSE: TAHO
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
07/07/2017
Class Period Begin: 
03/12/2015
Class Period End: 
07/05/2017
Court of Filing: 
U.S. District Court for the Eastern District of New York
Deadline To File for Lead: 
09/05/2017
Summary: 

July 7, 2017 (Shareholders Foundation) - An investor in shares of Tahoe Resources Inc (NYSE:TAHO) filed a lawsuit in the U.S. District Court for the Eastern District of New York over alleged violations of Federal Securities Laws by Tahoe Resources Inc in connection with certain allegedly false and misleading statements made between March 12, 2015 and July 5, 2017.

According to the complaint the plaintiff alleges on behalf of purchasers of Tahoe Resources Inc (NYSE:TAHO) common shares between March 12, 2015 and July 5, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 12, 2015 and July 5, 2017, the defendants made false and/or misleading statements and/or failed to disclose that consultation obligations relating to the permitting of the Escobal mining license were not met, that in turn, the Escobal mining license is subject to suspension, and that as a result, Tahoe’s public statements were materially false and misleading at all relevant times

Reno, NV based Tahoe Resources Inc. is a mine operations, and mineral exploration and development company. On July 5, 2017, Tahoe Resources Inc reported that the Company had learned of the provisional decision by the Supreme Court of Guatemala to suspend the Escobal mining license of Tahoe subsidiary Minera San Rafael. The suspension applies while the court reviews an action brought by CALAS, an anti-mining organization, against Guatemala’s Ministry of Energy and Mines (“MEM”). The action alleges that MEM violated the Xinca Indigenous people's right of consultation in advance of granting the Escobal license to Tahoe’s subsidiary.