NEW YORK, April 26, 2022 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Pure Gold Mining Inc. (OTC: LRTNF) arising from allegations that PureGold could have provided misleading business information to the investing public.
SO WHAT: If you purchased PureGold Securities, you may be entitled to compensation without payment of out-of-pocket expenses or costs through a contingency fee arrangement. The law firm Rosen is preparing a class action lawsuit seeking to recover the losses of the investors.
WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=5112 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] or [email protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: On March 28, 2022, prior to commercialization, PureGold issued a press release announcing that its mining operations and production had been negatively impacted due to its inability to maintain access to high-confidence, high-grade slopes. Additionally, the press release provided updates on several of PureGold’s operational initiatives purportedly aimed at improving mining operations and reducing costs, revealing that it had experienced serious shortcomings in planning and scheduling. mine that negatively impacted its operations in 2021. Finally, the press release revealed that to fund its operations and service interest on its debt, PureGold needed to seek additional funding.
On this news, PureGold’s share price fell 41% on March 28, 2022detrimental to investors.
WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these companies do not bring securities class action lawsuits. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania