GATO Investors Have Opportunity to File Lawsuit Against Gatos Silver, Inc. for Securities Fraud | News
BENSALEM, Pa., April 21, 2022 /PRNewswire/ — Law Firms of Howard G. Smith announces that investors suffering substantial losses have the option of pursuing the securities fraud class action lawsuit against Gatos Silver, Inc. (“Gatos” or the “Company”) (NYSE: GATO).
Class period: October 28, 2020 – January 25, 2022
Lead Applicant Deadline: April 25, 2022
Investors experiencing losses on their Gatos investments are encouraged to contact the law firms of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email at [email protected]
The filed lawsuit alleges that, throughout the class action period, the defendants failed to disclose to investors: (1) that the technical report for Gatos’ main mine, the Cerro Los Gatos deposit, contained certain errors; (2) that, among other things, mineral reserves had been overestimated by up to 50%; and (3) that as a result of the foregoing, defendants’ positive statements about the company’s business, operations and prospects were materially misleading and/or lacked reasonable basis.
To be a class member, you do not need to take any action at this time; you can retain the services of a lawyer of your choice or do nothing and remain an absentee member of the class action. If you would like to know more about this class action, or if you have any questions about this announcement or your rights or interests in the pending class action, please contact Howard G. Smith, Esquirelaw firms of Howard G. Smith3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by phone at (215) 638-4847, toll free at (888) 638-4847, or by email at [email protected], or visit our website at www.howardsmithlaw.com.
This press release may be considered attorney advertising in certain jurisdictions under applicable law and ethics rules.
law firms of Howard G. Smith
Howard G. Smith, Esquire
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SOURCE Law Firms of Howard G. Smith