Hecla Mining Company (HL) Subject Of A Class Action Lawsuit
Hecla Mining Company (HL), a publicly-traded silver and precious metals mining company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.
Hecla Class Period And Lead Plaintiff Deadline
Investors who purchased shares of CBL between March 19, 2018 and May 8, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws.
The deadline to apply to the court to be appointed as lead plaintiff, also called class representative, is July 23, 2019.
On May 9, 2019, Hecla announced financial and operating results, during which it disclosed that its Nevada operations had lost $13.8 million and that they may never get a return on their money.
The lawsuit alleges that Hecla had no basis to represent that their Nevada operations would be making money.
Recovering Money Lost With Hecla Mining Company (HL) Stock
If you suffered losses with Hecla, you may be able to recover some of your losses by participating in the lawsuit.
Silver Law Group represents the interests of investors who have been the victims of investment fraud. Our attorneys represent investors in class actions against issuers in state or federal court and investors in securities arbitration claims against Wall Street firms for stockbroker misconduct. Scott Silver is the chairman of the Securities and Financial Fraud Group of the American Association of Justice and represents investors nationwide in securities investment fraud cases. Please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.