Schlichter Bogard & Denton Investigates Directors and Officers of Hycroft Mining Holding Corporation and Mudrick Capital Acquisition Corporation for Breaches of Fiduciary Duties

ST. LOUIS--(BUSINESS WIRE)--Schlichter Bogard & Denton’s team of nationally recognized Financial Products and Services attorneys is investigating whether certain directors and officers of Hycroft Mining Holding Corporation (“Hycroft”) and/or Mudrick Capital Acquisition Corporation (“Mudrick Capital”) violated their fiduciary duties to Mudrick Capital and its shareholders in connection with the May 29, 2020 acquisition of Hycroft Mining Corporation.

Schlichter Bogard & Denton’s investigation seeks to discover whether certain directors and officers of Hycroft and/or Mudrick Capital breached their fiduciary duties to shareholders by failing to manage Hycroft and/or Mudrick Capital in an acceptable manner, and whether the company and its shareholders suffered damages as a result.

Hycroft is a gold and silver producer operating the Hycroft Mine, located in the mining region of Northern Nevada. Hycroft stock has plummeted since the transaction closed on May 29, 2020. Between then and March 24, 2021, when Hycroft announced its financial results for 2020 and prospective plans for 2021, shares fell by over 60%, and they continue to fall: Hycroft stock has lost almost 85% of its value since the transaction closed.

If you are a Hycroft shareholder, or if you were a Mudrick Capital Acquisition Corporation stockholder, you may have a legal claim. To learn more, contact our office today at 800-873-5297 or via email at [e-mail].

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