NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP announces it has commenced an investigation of Tahoe Resources Inc. (“Tahoe” or the “Company”) (NYSE: TAHO) concerning possible violations of federal securities laws.
On July 5, 2017, Tahoe reported that the Company had learned of the provisional decision by the Supreme Court of Guatemala to suspend the Escobal mining license of Tahoe subsidiary Minera San Rafael. The suspension applies while the court reviews an action brought by CALAS, an anti-mining organization, against Guatemala’s Ministry of Energy and Mines (“MEM”). The action alleges that MEM violated the Xinca Indigenous people's right of consultation in advance of granting the Escobal license to Tahoe’s subsidiary. Following this news, shares of Tahoe fell approximately 30%. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.