Case Summary

SSR Mining

NASDAQ: SSRM

Case Details

  • Akhras v. SSR Mining Inc. et al.
  • Class Period:February 23, 2022 - February 27, 2024
  • Date Filed:March 18, 2024
  • Jurisdiction:U.S. District Court, District of Colorado
  • Docket Number: 1:24-cv-00739
  • Lead Plaintiff Deadline: May 17, 2024
Days Left to
Seek Plaintiff
24

Overview

A class action lawsuit has been filed against SSR Mining Inc. (“SSR Mining” or the “Company”) (NASDAQ: SSRM) and certain of the Company’s current and former senior executive officers alleging violations of the Securities Exchange Act of 1934.  The SSR Mining lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired SSR Mining publicly traded securities between February 23, 2022 and February 27, 2024, both dates inclusive (the “Class Period”), and investors have until May 14, 2024 to seek appointment as lead plaintiff of the SSR Mining class action lawsuit.

SSR Mining purports to be a “precious metals mining company with four producing assets located in the United States, Türkiye (‘Turkey’), Canada and Argentina.”  The Company is engaged in the operation, acquisition, exploration, and development of precious metal resource properties, producing gold doré as well as silver and lead and zinc concentrates.  SSR Mining’s diversified asset portfolio is comprised of high-margin, long-life assets located in some of the world’s most prolific metal districts.

The lawsuit alleges that Defendants, throughout the Class Period, made materially false and/or misleading statements and/or failed to disclose that: (1) Defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; (2) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.  When the true details entered the market, the lawsuit claims that investors suffered damages.

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If you purchased or otherwise acquired publicly traded SSR Mining (NASDAQ: SSRM) securities between February 23, 2022 and February 27, 2024, both dates inclusive, and suffered substantial losses, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the SSR Mining lawsuit is May 14, 2024.

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