SOUTH ORANGE, N.J.--(BUSINESS WIRE)--The Law Firm of Arons & Arons, LLC has initiated an investigation of Tahoe Resources Inc. (“Tahoe” or the “Company”) (NYSE:TAHO; TSX: THO) on behalf of the Company’s shareholders regarding potential violations of the federal securities laws.
Tahoe investors who would like to discuss this investigation and their legal options should contact Arons & Arons, LLC (Jeffrey S. Arons, Esq.) at (973) 762-0795 or (877) 512-7667, or via email at info@aronslaw.net. Additional information about the investigation may also be found at https://www.aronslaw.net/securities-fraud.
According to various news reports, Guatemala’s Supreme Court confirmed a decision to suspend two of Tahoe’s mining licenses after citing violations of indigenous people’s rights. That decision supported a claim brought by an anti-mining group against the country’s Ministry of Energy and Mines, and caused Tahoe to suspend its mining project for at least three months. Reports further indicate that Tahoe will now incur fixed costs of $10 million, that 5.1 million ounces of silver production will now be deferred, and that the Company is unable to confirm its previously issued investment guidance.
Following these reports, shares of the Company’s stock declined over 33% on July 6, 2017, on unusually heavy trading volume.
If you are an investor in Tahoe, or have information pertaining to this investigation, you are encouraged to contact Arons & Arons, LLC (Jeffrey Arons, Esq.) at (973) 762-0795 or (877) 512-7667, or via email at info@aronslaw.net, for a free, no obligation, consultation regarding your legal rights. Additional information may also be found at https://www.aronslaw.net/securities-fraud.
Arons & Arons, LLC is a family oriented law firm that provides representation for investors who have been victimized by securities fraud. Our attorneys understand the financial and emotional trauma that securities fraud can cause, and we are relentless in our efforts to hold corporate wrongdoers accountable and obtain compensation for our clients. For over 30 years our attorneys have provided personal, accessible, and effective legal representation for our clients.
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