SAN FRANCISCO, Sept. 15, 2016 -- Hagens Berman Sobol Shapiro LLP reminds investors in Goldcorp, Inc. (NYSE:GG) of the October 24, 2016 Lead Plaintiff deadline in the securities class action lawsuit filed in the United States District Court for the Central District of California.
If you purchased or otherwise acquired securities of Goldcorp, Inc. between March 31, 2014 and August 24, 2016 and suffered significant losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/GG
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing [email protected].
Reuters reported on August 24, 2016 that Goldcorp, Inc. potentially violated Mexican regulations by failing to remedy selenium contamination in ground water caused by the Company’s Penasquito Mine. Selenium, which has purportedly been leaking from the Penasquito Mine since at least March 31, 2014, can cause tremors, kidney failure, heart attacks, and heart failure, among other health issues.
Goldcorp allegedly never disclosed the contamination issues to the public, instead reporting in its SEC filings during the relevant period that it properly carried out all “mining and processing operations and exploration and development activities” pursuant to applicable laws.
Dissemination of the Reuters report disclosing Goldcorp’s potential mishandling of the selenium leak caused the price of Goldcorp securities to fall over 9% to close at $15.95 on August 26, 2016.
“Goldcorp’s Penasquito Mine operations were a significant business,” said Hagens Berman partner Reed Kathrein. “The Company’s undisclosed facts were important for investors to know when deciding whether to invest.”
Whistleblowers: Persons with non-public information regarding Goldcorp, Inc. should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. Read the Firm’s Securities Newsletter, and visit the blog. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact: Reed Kathrein, 510-725-3000


SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Washington Post Publisher Will Lewis Steps Down After Layoffs
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 



