SHAREHOLDER UPDATE: Glancy Prongay & Murray LLP Appointed Lead Counsel in Securities Class Action Against Goldcorp, Inc.
08 December 2016 - 7:59AM
Business Wire
Investors Are Encouraged to Contact the Firm for Updates
Regarding the Status of the Litigation
Glancy Prongay & Murray LLP (“GPM”) announces that it has
been appointed Lead Counsel in the securities class action against
Goldcorp, Inc. (“Goldcorp”) (NYSE: GG) and certain executive
officers of the Company, currently pending in the United States
District Court for the Central District of California.
Investors that purchased shares of Goldcorp between March 31,
2014 through October 3, 2016 are encouraged to contact Lesley F.
Portnoy, Esq. of GPM at 310-201-9150 to discuss the status of the
case and the claims in the litigation.
The complaint filed in this lawsuit alleges that defendants
misled investors regarding one of its most important mining assets,
and otherwise engaged in a fraudulent course of conduct surrounding
Goldcorp’s mining operations at its Peñasquito mine. Located in
Zacatecas, Mexico, the Peñasquito mine is the largest gold mine in
Latin America and one of the largest in the world, accounting for
approximately one-third of the Company’s sales in 2015. Yet, the
Company allegedly violated several environmental regulations and
allowed dangerous chemicals to seep into local water reserves.
These action threatened human life nearby and threatened closure of
the Penasquito mine.
If you purchased shares of Goldcorp securities between March 31,
2014 through October 3, 2016, inclusive, or if you have any
questions concerning this case, this announcement, or your rights
or interests with respect to these matters, or if you would like an
update concerning the status of this case, would like to learn more
about the case, or have information and wish to discuss these
matters further, please contact Lesley Portnoy of GPM, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, by telephone
at 310-201-9150, toll-free at 888-773-9224, by email at
shareholders@glancylaw.com, or visit our website
at http://www.glancylaw.com. If you inquire by email please
include your mailing address, telephone number, transaction date(s)
and number of shares purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161207006264/en/
Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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