Barrick Hit With Another Suit Over $8.5B Chilean Mine

Law360, New York (August 6, 2013, 3:47 PM EDT) -- A municipal pension fund launched a securities class action in New York federal court Friday accusing Canadian mining giant Barrick Gold Corp. of misleading investors about potential cost and environmental roadblocks on its $8.5 billion Chilean mining project, the latest suit against Barrick over the project.

The suit was filed by the City of Brockton Retirement System, a Barrick investor. The pension fund claimed that Barrick knew as early as 2009 that its publicly disclosed cost projections for the blockbuster Pascua-Lama mine project were far below...
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Case Information

Case Title

City of Brockton Retirement System v. Barrick Gold Corporation et al

Case Number



New York Southern

Nature of Suit



Richard M. Berman

Date Filed

August 2, 2013

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