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Batter et al v. Hecla Mining Company et al
Case Number:
1:19-cv-04883
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Dentons
- Kahn Swick
- Kaplan Fox
- Kirkland & Ellis
- Labaton Keller
- Levi & Korsinsky
- Pomerantz LLP
- Robbins Geller
- Steptoe LLP
Companies
Sectors & Industries:
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October 03, 2024
Hecla Avoids Investor Suit Over $462M Gold Mine Buy
A gold mining operation secured the permanent dismissal of an investor suit alleging that $462 million in new mines the company bought in Nevada that were supposed to be lucrative turned out to be duds, with a New York federal judge finding the investors failed to plead any actionable false or misleading statements.
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June 11, 2019
Hecla Mining Sued Over Unprofitable $462M Gold Mines
Investors in a gold mining operation filed a proposed class action in New York federal court Tuesday alleging that $462 million in new mines the company bought in Nevada that were supposed to be lucrative have turned out to be duds, driving down stock prices and losing the company millions.