Energy News / Shareholders Foundation, Inc.

NYSE:PVG Shareholder Notice: Lawsuit Alleges False and Misleading Statements by Pretium Resources Inc

Via: ReleaseWire

Updated 11:30 AM CDT, Wed, September 19,2018

A lawsuit was filed on behalf of investors in Pretium Resources Inc. (NYSE: PVG) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 09/19/2018 -- An investor, who purchased shares of Pretium Resources Inc. (NYSE: PVG), filed a lawsuit over alleged violations of Federal Securities Laws by Pretium Resources Inc..

Investors who purchased shares of Pretium Resources Inc. (NYSE: PVG), have certain options and for certain investors are short and strict deadlines running. Deadline: November 6, 2018. NYSE: PVG investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Canada based Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas.

The investigation concerns allegations that Pretium Resources Inc. has misled investors by artificially boosting Pretium Resources Inc's gold reserves in the Company's Brucejack gold mine.

According to a report by Viceroy Research the Company's reserves are far smaller than projected to investors, and the Company's mining consultants have resigned due to the discrepancies between the actual reserves and stated reserves.

The plaintiff claims that between July 21, 2016 and September 6, 2018, the defendants failed to disclose to investors that the Brucejack Project is not a high-grade, high-output mine, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

Those who purchased shares of Pretium Resources Inc. (NYSE: PVG) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysepvg-shareholder-notice-lawsuit-alleges-false-and-misleading-statements-by-pretium-resources-inc-1049943.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com