Pretium Resources Inc. (NYSE: PVG)
Hagens Berman Sobol Shapiro LLP reminds investors in Pretium Resources Inc. (NYSE: PVG) of the November 6, 2018 Lead Plaintiff deadline in the securities class action pending in the U.S. District Court for the Southern District of New York.
If you purchased or otherwise acquired shares of PVG between July 21, 2016 and September 6, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information, contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing PVG@hbsslaw.com.
On September 6, 2018, an analyst published a report accusing Pretium Resources and management of distorting the Company’s mining results and concluding its equity could likely be worthless as the over-indebted company bleeds cash over the next 12 months.
This news drove the price of Pretium Resources shares down approximately 10% to close at $6.94 that day.
“We’re focused on investors’ losses and the extent to which Defendants’ statements concerning the Company’s purportedly high-grade Brucejack gold mine may have been misleading,” said Hagens Berman partner Reed Kathrein.
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