Tostrud Law Group, P.C. Announces an Investigation on Behalf of Barrick Gold Corporation Investors
2017年5月12日 - 04:16AM
ビジネスワイヤ(英語)
Tostrud Law Group, P.C. is investigating potential claims on
behalf of investors of Barrick Gold Corporation (“Barrick” or the
“Company”) (NYSE: ABX) concerning the Company and its officers’
possible violations of federal securities laws. Investors that have
suffered a loss on their Barrick securities holdings are encouraged
to contact Jon Tostrud, Esq. to discuss their legal rights.
On April 24, 2017, the Company revised its full year guidance,
stating that “[f]ull-year gold production is now expected to be
5.3-5.6 million ounces, down from our previous range of 5.6-5.9
million ounces.” The Company attributed approximately two-thirds of
the reduction to the planned sale of 50% percent of its Veladero
mine. Barrick also revised Veladero-specific guidance, projecting
full-year production at Veladero of 630,000-730,000 ounces,
compared to the Company’s previously-issued guidance of
770,000-830,000 ounces.
On this news, the Company’s share price fell $2.15, or 11.3%, to
close at $16.89 per share on April 25, 2017, thereby injuring
investors.
If you purchased shares of Barrick, if you have information or
would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Jon Tostrud, Esquire, of Tostrud Law Group,
P.C., 1925 Century Park East, Suite 2100, Los Angeles, California
90067, at (310) 278-2600 or by e-mail
at jtostrud@tostrudlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170511006292/en/
Tostrud Law Group, P.C.Jon Tostrud, Esq.(310)
278-2600jtostrud@tostrudlaw.comwww.tostrudlaw.com
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