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Investigations  /  09.13.2018

Shareholder Investigation of Pretium Resources, Inc.

Pretium Resources, Inc. (PVG) Misled Investors Regarding its Mining Output

According to the recently filed class action complaint, Pretium Resources, Inc.(PVG) made materially false and misleading statements in press releases and filings with the Securities and Exchange Commission regarding the production and quality of the minerals mined at its Brucejack Mine. On January 23, 2018, Pretium disclosed lower gold production than previously disclosed and delayed achievement of steady state gold production and operation of the grade control program. Then, on September 6, 2018, Viceroy Research reported that the company’s “reported grades and reserves are significantly inflated, a much greater amount of waste is being dumped into local lakes, and more explosives are being utilized” and alleged that “management is scrambling to find consistent, high-grade ore to maintain the charade that its debt and equity are viable.” The most recent disclosure caused Pretium’s stock to decline approximately 10% per share.

Pretium Resources, Inc. (PVG) Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can please send us a message via the Shareholder Information form below.

Shareholder Information

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Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

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