Investor Alert: Wites & Kapetan Announces Investigation of Pretium Resources, Inc.'s Decline in Share Value and Reports on Class Action Lawsuit

Business Wire

OAKLAND, Calif.--(BUSINESS WIRE)--

Wites & Kapetan, P.A. is announcing their investigation of Pretium Resources Inc. (“Pretium”) (PVG) and a possible class action lawsuit which may allege that the Company and certain of its officers and directors committed violations of the Securities Exchange Act of 1934. A securities class action lawsuit already filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Pretium alleges that the price of Pretium securities was artificially inflated on both the U.S. and Canadian exchanges as a result of the Company’s false and misleading statements.

On October 9, 2013, Pretium issued a press release disclosing that Strathcona Mineral Services Ltd. had resigned from Pretium’s Brucejack Project, and the price of Pretium common stock fell by approximately 30%. Two days later, on October 11, 2013, the Company’s stock dropped another 28% after it disclosed that Strathcona resigned after stating it had found “no valid gold” resources at the Project.

If you are an investor who purchased Pretium securities between January 19, 2011 and October 21, 2013, you may have a legal claim against the Company and could serve as the lead plaintiff in a class action lawsuit. The deadline for filing for lead plaintiff is December 24, 2013. If you are interested in being the lead plaintiff, or would like to speak with an attorney about your legal rights, contact the attorneys at Wites & Kapetan, P.A. by email at info@wklawyers.com or toll-free at 1 (866) 277-8631.

Wites & Kapetan, P.A. is a law firm with offices in Oakland, California and Lighthouse Point, Florida, with expertise in the representation of investors in securities fraud and investor litigation claims. You may visit its website at www.wklawyers.com. Michele Desoer, an attorney at Wites & Kapetan, is a member of the State Bar of California and is responsible for the content of this advertisement.

Contact:
Wites & Kapetan, P.A.
Michele Desoer: 1 (866) 277-8631
info@wklawyers.com

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