NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Tahoe Resources Inc. (NYSE:TAHO) resulting from allegations that Tahoe may have issued materially misleading business information to the investing public.
On July 6, 2017, Tahoe disclosed that the Supreme Court of Guatemala issued a provisional decision suspending the Escobal mining license of Minera San Rafael, a subsidiary of Tahoe, in connection with an action brought by CALAS against Guatemala’s Ministry of Energy and Mines (“MEM”). CALAS alleges that MEM violated the Xinca Indigenous people’s right of consultation in advance of granting the Escobal mining license. On this news, shares of Tahoe fell $2.74 per share or over 32% to close at $5.56 per share on July 6, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Tahoe investors. If you purchased shares of Tahoe on or before July 6, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1157.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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