Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Goldcorp Inc. To Contact The Firm Before Lead Plaintiff Deadline
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Goldcorp Inc. (“Goldcorp” or the “Company”) (NYSE:GG) of the October 24, 2016 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers.
The lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all those who purchased Goldcorp stock or options between March 31, 2014 and August 24, 2016 (the “Class Period”). The case, Robert Cowan v. Goldcorp, Inc. et al, No. 2:16-cv-06391 was filed on August 25, 2016, and has been assigned to Judge Fernando M. Olguin.
The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose the severity of selenium levels in groundwater around its Peñasquito Mine in Mexico.
Specifically, on August 24, 2016, Reuters reported that Mexican regulators were examining whether Goldcorp broke reporting or disclosure regulations in its handling of a long-running leak of contaminated water at the Peñasquito Mine that had been occurring as early as October 2013.
After the announcement, Goldcorp’s share price fell from $17.69 per share on August 23, 2016 to a closing price of $16.05 on August 24, 2016 —a $1.64 or a 9.27% drop.
If you invested in Goldcorp stock or options between March 31, 2014 and August 24, 2016 and would like to discuss your legal rights, please fill out the form below. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding Goldcorp’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.
* The submission of this form does not create an attorney-client relationship.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.