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Goldcorp, Inc. (NYSE : GG)

Securities Class Action

Overview
  • Date:
  • 8/29/2016
  • Company Name:
  • The Goldcorp, Inc.
  • Stock Symbol:
  • GG
  • Class Period:
  • FROM 3/31/2014 TO 8/24/2016
  • Status:
  • Closed/Complete
  • Court:
  • U.S. District Court: Northern California

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NEW YORK, August 29, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the California Central District Court on behalf of all persons or entities who acquired Goldcorp, Inc. (NYSE: GG) securities between March 31, 2014 to August 24, 2016 (the “Class Period”).

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) levels of the mineral selenium rose in one groundwater monitoring well near the Peñasquito Mine as early as October 2013; (2) in October 2014, Goldcorp reported a rise in selenium levels in groundwater to the Mexican government after the contamination near the Peñasquito Mine waste facility intensified; (3) in August 2016, Goldcorp told Mexican regulators that contaminated water had also been found in other areas near the Peñasquito Mine; and (4) as a result, Goldcorp’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.

If you acquired Goldcorp, Inc. securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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