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Case Page

 

Case Status:    ONGOING    
On or around 07/01/2021 (Date of last review)

Filing Date: July 07, 2017

According to the law firm press release, the lawsuit alleges defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) consultation obligations relating to the permitting of the Escobal mining license were not met; (2) in turn, the Escobal mining license is subject to suspension; and (3) as a result, Tahoe’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On June 6, 2018, the Court issued an Order transferring this case to the District of Nevada. On July 17, the Court issued an Order consolidating cases under Docket 17-CV-01868, titled "In re Tahoe Resources, Inc. Securities Litigation." Plaintiff filed a consolidated amended Complaint on August 31. Defendants filed a Motion to Dismiss the consolidated amended Complaint on October 30. On June 19, 2019, the Court issued an Order granting in part and denying in part the Motion to Dismiss.

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