Arons & Arons, LLC. – Deadline Reminder for Tahoe Resources, Inc. Securities Shareholders

SOUTH ORANGE, N.J.--()--The law firm of Arons & Arons, LLC. reminds Tahoe Resources, Inc. (“Tahoe” or the “Company”) (NYSE:TAHO; TSX: THO) shareholders that a class action lawsuit has been filed in the United States District Court for the District of Nevada against Tahoe on behalf of purchases of the Company’s securities between April 3rd, 2013 and July 5th, 2017, inclusive (the “Class Period”)

“[d]ue to the temporary suspension of the Escobal mining license, the Company has ceased dividend payments, and has suspended company-wide multi-year guidance.”

DEADLINE REMINDER: Tahoe shareholders who purchased securities during the Class Period have until September 5th, 2017, to seek appointment as a lead plaintiff representative of the class. For additional information please contact Arons & Arons, LLC (Jeffrey S. Arons, Esq.) at (973) 762-0795 or (877) 512-7667, or via email at info@aronslaw.net. Additional information may also be found at https://www.aronslaw.net/securities-fraud.

According to the complaint, on July 5th, 2017, after markets closed, Tahoe issued a press release announcing the suspension of the Escobal mining license. Shares of the Company’s stock declined over 33% on July 6, 2017, on unusually heavy trading volume. Subsequently, on August 8, 2017, Tahoe disclosed that, “[d]ue to the temporary suspension of the Escobal mining license, the Company has ceased dividend payments, and has suspended company-wide multi-year guidance.”

The Complaint alleges that, throughout the Class Period, the defendants failed to disclose that (1) Tahoe’s exploitation license of the Escobal mine assets was in violation of the indigenous people’s rights to be consulted; (2) Tahoe was not in compliance with government law and regulations; and (3) as a result of the foregoing, the defendants’ statements about Tahoe’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you are an investor in Tahoe, or have any questions concerning your rights or interests with respect to this matter, you are encouraged to contact Arons & Arons, LLC (Jeffrey Arons, Esq.) at (973) 762-0795 or (877) 512-7667, or via email at info@aronslaw.net, for a free, no obligation, consultation. Shareholders may, no later than September 5th, 2017, seek to be appointed as lead plaintiff representative through Arons & Arons, LLC. or other counsel, or may choose to do nothing and remain an absent class member. Please contact us to speak directly to an attorney about this case.

This press release may be considered Attorney Advertising in some jurisdictions under applicable laws and ethical rules.

Contacts

Arons & Arons, LLC.
Jeffrey Arons, Esq.
973-762-0795
877-512-7667
info@aronslaw.net

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