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 firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
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