Upcoming Lead Plaintiff Deadline is May 17, 2024
NEW YORK, April 4, 2024 /PRNewswire/ — Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”) announces that a federal securities class action lawsuit has been filed in the United States District Court for the District of Colorado against SSR Mining Inc. (“SSR Mining” or the “Company”) (NASDAQ: SSRM) on behalf of purchasers of SSR Mining’s securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”).
All investors who purchased shares and incurred losses are advised to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com.
If you have incurred losses, you may, no later than May 17, 2024, request that the Court appoint you as the lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights.
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SSR Mining is a precious metals mining company with four producing assets located in the United States, Turkey, Canada and Argentina. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties, producing gold doré as well as silver and lead and
zinc concentrates. SSR Mining’s asset portfolio is comprised of high-margin, long-life assets located in some of the world’s most prolific metal districts.
The truth regarding SSR Mining’s lack of commitment to safety began to emerge on February 13, 2024, when SSR Mining filed a current report on a Form 8-K with the SEC.. Attached to this current filing was a press release which announced, “a suspension of operations at the Çöpler mine as a result of a large slip on the heap leach pad.”
During market hours on February 13, 2024, PBS Newshour released a story entitled “Workers at gold mine in Turkey missing, assumed trapped underground after landslide.” The article stated that “engineers warned that safety risks were frequently ignored and inspections not adequately carried out . . . The disaster that took place in Erzincan Ilic Copler gold mine is a disaster that (was) coming.”
Following this news, the price of SSR Mining stock fell $5.22 per share, or 53.7%, to close at $4.50 on February 13, 2024.
Then, on February 27, 2024, after market hours, during the Company’s earnings. call for the fourth quarter of 2023, Defendant Rodney P. Antal stated that “[s]ix personnel are being detained and are facing charges in relation to the incident and we’re ensuring they receive the necessary support while
respecting the Turkish legal process.”
On this news, the price of SSR Mining stock declined by $0.37 per share, or 7.93%, to close at $4.29 on February 28, 2024.
Wolf Haldenstein has experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas, and offices in New York, Chicago, Nashville and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at [email protected].
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Email: [email protected] or [email protected]
Tel: (800) 575-0735 or (212) 545-4774
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP
