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TAHO.US
id: 878

Tahoe Resources Inc. (TAHO) $19.5M Investor Settlement

It is still possible to file a late claim. The court will decide whether to accept late claims or not.
D. Nevada
Court
2:17-cv-01868
Case number
03 Apr 2013
Class period Start
24 Aug 2017
Class period End
01 Feb 2024
Claim deadline
Tahoe Resources Inc. (TAHO) settles $19.5 million with investors to end claims over alleged concealing material facts about the Escobal mining project.
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.093
Filing date
07 July 2017
Lead Plaintiff Deadline
05 September 2017
Plaintiffs
Tiffany Huynh, as executor for the estate of Kevin Nguyen
Attorneys
Faruqi & Faruqi LLP (New York, NY), Muckleroy Lunt, LLC (Las Vegas, NE)
Defendants
Ronald W. Clayton, C. Kevin McArthur, Mark T. Sadler, Edie Hofmeister
Judge
Hon. Nicholas G. Garaufis
Administrator
EPIQ
Settlement agreement date
2023-05-25
Court hearing date
09 February 2024
Exclusion deadline
18 January 2024
Objection deadline
18 January 2024
Hearing deadline
18 January 2024
Trades matching type
FIFO
+$19,500,000
Cash Settlement Amount