Recent Security Class Actions

Gatos Silver Inc. Common Stock (NYSE: GATO)

Company Name:Gatos Silver Inc. Common Stock
Stock Symbol:NYSE: GATO
Class Period Start:12/09/2020
Class Period End (inclusive):01/25/2022
Filing Deadline:04/25/2022

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that the technical report for Gatos’s primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) that, among other things, the mineral reserves had been overestimated by as much as 50%; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.