LOS ANGELES, CA / ACCESSWIRE / October 18, 2016 / Lundin Law PC (the "Firm") announces a class action lawsuit against Goldcorp Inc. ("Goldcorp" or the "Company") (GG) concerning possible violations of federal securities laws between March 31, 2014 and August 24, 2016 (the "Class Period"). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the Firm in advance of the October 24, 2016 lead plaintiff motion deadline.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
The complaint alleges that during the Class Period, Goldcorp made false and/or misleading statements and/or failed to disclose: that Goldcorp's mine in Penasquito was leaking selenium into the groundwater well near the mine as early as October 2013; that the Company informed the Mexican government about the rise of selenium levels in the groundwater in October 2014; that in August 2016 the Company informed the Mexican government of contaminated water found in other properties near the mine; and as a result of the above, Goldcorp's public statements were materially false and misleading at all relevant times. When this news went public, Goldcorp's stock price fell, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
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SOURCE: Lundin Law PC