Contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
introduction to the SSR Mining Lawsuit![]()
A securities fraud class action lawsuit has been filed against SSR Mining Inc.. (NASDAQ: SSRM), marking a significant turn of events. It alleges that the company overstated its dedication to safety, engaged in unsafe practices, and failed to fully disclose the risks associated with its mining operations, leading to the filing of the SSR Mining class action lawsuit during the period between February 23, 2022, and February 27, 2024.
This SSR Mining class action lawsuit is not just a legal battle but also a crucial juncture for shareholders and investors seeking to understand their rights and possibly recover damages. It charges SSR Mining and certain executives with violations of the Securities Exchange Act of 1934, setting a precedent in the arena of securities fraud litigation and emphasizing the importance of transparency and accountability in corporate governance. Overview of the SSR Mining Class Action Lawsuit
The SSR Mining Class Action Lawsuit, officially termed as Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), is a pivotal legal confrontation spotlighting allegations against SSR Mining and its top brass for purportedly engaging in unsafe mining practices. The lawsuit is grounded on violations of the Securities Exchange Act of 1934, focusing on:
Potential Impacts on Shareholders
The SSR Mining Class Action Lawsuit has introduced a complex scenario for shareholders, presenting both challenges and potential avenues for recovery. Key considerations for shareholders include:
Steps to Participate in the Class Action Lawsuit
Investors who purchased or acquired SSR Mining publicly traded securities between February 23, 2022, and February 27, 2024, and suffered a loss are automatically included in the class and eligible to participate in the class action lawsuit. To ensure a streamlined process, potential participants are advised to take the following steps:
1. Contact Legal Representation
THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT
Serving as a Lead Plaintiff in the class action agains SSR Mining has several important benefits and advantages including:
THE RESPONSIBILITIES THE LEAD PLAINTIFF WILL HAVE IN THE SSR MINING CLASS ACTION LAWSUIT
As the lead plaintiff, you have specific responsibilities to fulfill. These responsibilities include:
Conclusion
Through the unfolding narrative of the SSR Mining Class Action Lawsuit, we have traversed the terrain of alleged safety misrepresentations, financial and reputational repercussions for shareholders, and the paramount importance of corporate honesty and regulatory compliance. The case serves as a stark reminder of the potential hazards inherent in the mining industry, not only physical but also financial. The class action against SSR Mining underscores the significance of transparency and accountability, highlighting how deviations from these principles can lead to considerable losses for investors and dent a company’s reputation severely.
As the legal battle is set, with shareholders moving to secure their rights and potential compensation, the broader implications of this case ripple through the corridors of the securities market. It amplifies the call for enhanced scrutiny and adherence to safety and disclosure norms, serving as a cautionary tale for corporations and as a beacon for investor vigilance. Following through efforts to navigate the complexities of this lawsuit not only stands to potentially rectify the losses incurred by many but also champions the larger principle of holding entities accountable, reinforcing the bedrock of trust and integrity in the market landscape. CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining Class Action Lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock.
This will be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit seeks to represent purchasers or acquirers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., №1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in SSR Mining stock and wish to serve as lead plaintiff in the SSR Mining class action lawsuit, or just have general questions about your rights as a shareholder, please contact SSR Mining Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846–6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the SSR Mining class action lawsuit must be filed with the court no later than May 17, 2024. Read on for answers to the six most frequently asked questions from investors about the SSR Mining class action lawsuit. WHAT ARE THE ALLEGATIONS IN THE SSR MINING CLASS ACTION LAWSUIT?
SSR Mining is engaged in the operation, acquisition, exploration, and development of precious metal resource properties.
The SSR Mining class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; and (ii) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster. The SSR Mining class action lawsuit further alleges that on February 13, 2024, SSR Mining announced it would suspend operations at its Copler mine “as a result of a large slip on the heap leach pad.” The complaint further alleges that on the same day, Reuters published an article titled “SSR Mining halts gold production in Turkey after landslide, shares tank,” which further stated that “SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing.” On this news, the price of SSR Mining stock fell nearly 54%, according to the complaint. The SSR Mining class action lawsuit further alleges that on February 18, 2024, SSR Mining disclosed that it “acknowledge[s] that several of our team members are facing charges in relation to the recent incident.” On this news, the price of SSR Mining stock fell more than 8% over two trading sessions, according to the complaint. Then, on February 27, 2024, according to the complaint, SSR Mining’s Executive Chairman of the Board of Directors, defendant Rodney P. Antal stated that “[s]ix personnel are being detained and are facing charges in relation to the incident and we’re ensuring they receive the necessary support while respecting the Turkish legal process.” Defendant Antal further disclosed that “the Copler incident will have an impact on our financial results in 2024,” the SSR Mining class action lawsuit further alleges. On this news, the price of SSR Mining stock fell nearly 8%, according to the complaint. WHAT ARE THE STAGES TO THE SSR MINING CLASS ACTION LAWSUIT?
Securities fraud class actions go through a series of stages. In the SSR Mining lawsuit, the various steps to the lawsuit would be as follows:
WHAT IS THE LEAD PLAINTIFF PROCESS IN THE SSR MINING CLASS ACTION LAWSUIT?
The Private Securities Litigation Reform Act (PSLRA) permits any investor who purchased and suffered losses in SSR Mining stock to seek appointment as lead plaintiff in the SSR Mining class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in SSR Mining stock and have further questions, contact SSR Miningstock loss Lawyer Timothy L. Miles today. CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF IN THE CLASS ACTION AGAINST SSR MINING?
Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in SSR Mining stock, they may move the Court to be appointed lead plaintiff in the class action against SSR Mining.
WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT?
Serving as a Lead Plaintiff in the SSR Mining class action lawsuit has several important benefits and advantages including:
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against SSR Mining if you suffered significant losses in SSR Mining stock. HOW WAS THE CLASS PERIOD DETERMINED IN THE SSR MINING CLASS ACTION LAWSUIT?![]()
In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.
To be a part of the class in the SSR Mining class action lawsuit, you must have suffered losses in SSR Mining stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the class action against SSR Mining. CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock. This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2026 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over a thousand on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit seeks to represent purchasers or acquirers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in SSR Mining stock and wish to serve as lead plaintiff in the SSR Mining class action lawsuit, or just have general questions about your rights as a shareholder, please contact SSR Mining Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the SSR Mining class action lawsuit must be filed with the court no later than May 17, 2024. In this complete guide, we will discuss everything an SSR Mining shareholder will need to know about the SSR Mining class action lawsuit. WHAT ARE THE ALLEGATIONS IN THE SSR MINING CLASS ACTION LAWSUIT?![]()
SSR Mining is engaged in the operation, acquisition, exploration, and development of precious metal resource properties.
The SSR Mining class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; and (ii) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster. The SSR Mining class action lawsuit further alleges that on February 13, 2024, SSR Mining announced it would suspend operations at its Copler mine “as a result of a large slip on the heap leach pad.” The complaint further alleges that on the same day, Reuters published an article titled “SSR Mining halts gold production in Turkey after landslide, shares tank,” which further stated that “SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing.” On this news, the price of SSR Mining stock fell nearly 54%, according to the complaint. The SSR Mining class action lawsuit further alleges that on February 18, 2024, SSR Mining disclosed that it “acknowledge[s] that several of our team members are facing charges in relation to the recent incident.” On this news, the price of SSR Mining stock fell more than 8% over two trading sessions, according to the complaint. Then, on February 27, 2024, according to the complaint, SSR Mining’s Executive Chairman of the Board of Directors, defendant Rodney P. Antal stated that “[s]ix personnel are being detained and are facing charges in relation to the incident and we’re ensuring they receive the necessary support while respecting the Turkish legal process.” Defendant Antal further disclosed that “the Copler incident will have an impact on our financial results in 2024,” the complaint further alleges. On this news, the price of SSR Mining stock fell nearly 8%, according to the complaint. WHAT IS THE LEAD PLAINTIFF DEADLINE IN THE SSR MINING CLASS ACTION LAWSUIT?![]()
When a securities class action is filed such as the SSR Mining class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.
Lead plaintiff motions for the SSR Mining class action lawsuit class action lawsuit must be filed with the court no later than May 17, 2024. WHAT ARE MY CHOICE IF I RECEIVE A NOTICE FROM THE COURT IN THE CLASS ACTION AGAINST SSR MINING?
First, read the notice very carefully. You have two choices. First, you can do nothing and remain a member of the class represented by lead counsel. Second, if you believe you have a large enough loss to justify it, you can opt out and file your own separate lawsuit. Note, that if you opt-out, you will not be able to participate in any settlement or recovery obtained in the SSR Mining lawsuit.
IF I RECEIVE A SETTLEMENT FROM FINRA CAN I STILL PARTICIPATE IN THE SSR MINING AWSUIT?
Yes, the acceptance of restitution or compensation from a FINRA regulatory settlement does not waive your right to monetary or other benefits through the courts, arbitration, or mediation. Therefore, even if you received a settlement from FINRA, you could still participate in the SSR Mining class action lawsuit.
WHAT IS A SECURTIES CLASS ACTION AGAINST SSR MINING?
A securities fraud class action refers to a legal action taken by a group of investors who have suffered financial losses as a result of fraudulent activities committed by a company or its executives. This type of lawsuit is typically filed when a company misrepresents or withholds important information from investors, leading to a decline in the value of their investments. The purpose of a securities fraud class action is to seek compensation for the affected investors and hold the company accountable for its fraudulent practices. Securities fraud class actions are governed by the Private Securities Litigation Reform Act (PSLRA).
One notable securities fraud class action lawsuit is the SSR Mining class action lawsuit. In this case, investors who purchased SSR Mining securities alleged that the company made false and misleading statements and misled investors, and when the truth was ultimately disclosed, they suffered losses from purchasing shares that had been artificially inflated by the false and misleading information until finally a corrective disclosure. Securities fraud class actions are typically initiated by a lead plaintiff or a group of lead plaintiffs who represent the interests of all the affected investors. The lead plaintiff is often an institutional investor or a large shareholder who has suffered substantial losses and possesses the resources and expertise to effectively pursue the lawsuit on behalf of the class. The lead plaintiff's role is crucial in coordinating with legal counsel, gathering evidence, and making strategic decisions throughout the litigation process. To proceed with a securities fraud class action, the lead plaintiff must demonstrate that there is a common issue of law or fact among the members of the class and additionally must also demonstrate that a class action lawsuit is under the circumstances the most efficient and appropriate method for resolving their claims. If these requirements are met, the court will certify the lawsuit as a class action, allowing all eligible investors to participate in the litigation and share in any potential recovery. Once certified, the securities fraud class action typically goes through several stages, including discovery, where both parties exchange relevant documents and information, and motion practice, where each side presents legal arguments to the court. If the case does not settle during these stages, it may proceed to trial, where a jury or judge will determine liability and damages. In securities fraud class actions, the defendants are usually the company accused of fraud and its executives who were involved in the fraudulent activities. The lead plaintiff seeks damages on behalf of all class members, which may include compensation for their financial losses, interest, attorneys' fees, and other costs incurred throughout the litigation process. In conclusion, a securities fraud class action is a legal mechanism used by investors to seek compensation for financial losses resulting from fraudulent activities committed by a company. The SSR Mining class action lawsuit serves as an example of how investors can hold companies accountable for their alleged misrepresentations and omissions. These lawsuits play an essential role in protecting investor rights and promoting transparency in the financial markets. WHAT DO THE PLAINTIFFS HAVE TO PROVE TO PREVAIL IN THE SSR MINING CLASS ACTION LAWSUIT?
To understand the basis of the SSR Mining class action lawsuit, it is essential to grasp the key elements of securities fraud actions. The majority of securities fraud claims are brought under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. To prevail in a Rule 10b-5 action, a plaintiff must establish six elements:
WHAT ARE THE STAGES TO THE SSR MINING CLASS ACTION LAWSUIT?
Securities fraud class actions go through a series of stages. In the SSR Mining lawsuit, the various steps to the lawsuit would be as follows:
WHAT IS THE LEAD PLAINTIFF PROCESS IN THE SSR MINING CLASS ACTION LAWSUIT?
The PSLRA permits any investor who purchased and suffered losses in SSR Mining stock to seek appointment as lead plaintiff in the SSR Mining class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in SSR Mining stock and have further questions, contact SSR Miningstock loss Lawyer Timothy L. Miles today. CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF IN THE CLASS ACTION AGAINST SSR MINING?
Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in SSR Miningstock, they may move the Court to be appointed lead plaintiff in the class action against SSR Mining.
WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT?
Serving as a Lead Plaintiff in the SSR Mining class action lawsuit has several important benefits and advantages including:
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against SSR Mining if you suffered significant losses in SSR Mining stock. WHAT RESPONSIBILITIES WILL THE LEAD PLAINTIFF HAVE IN THE SSR MINING CLASS ACTION LAWSUIT?
A Lead Plaintiff owes a fiduciary duty to the class, and therefore, must act in the best interest of the class in the SSR Mining class action lawsuit. Some of the responsibilities of the Lead Plaintiff include:
CAN I BE APPOINTED LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT IF I PURCHASED SHARES OUTSIDE OF THE CLASS PERIOD?
No. Even if you suffered losses in SSR Mining stock, if you purchased securities outside of the Class period, you will not be able to participate in the SSR Mining lawsuit.
WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE SSR MINING CLASS ACTION LAWSUIT SETTLES?
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class. Under the PSLAR, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the SSR Mining class action lawsuit on behalf of investors who suffered losses in SSR Mining stock. 15 U.S.C. § 78u–4(a)(4).
CAN THE COURT APPOINT MORE THAN ONE LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT?
Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs in the SSR Mining class action lawsuit.
HOW WAS THE CLASS PERIOD DETERMINED IN THE SSR MINING CLASS ACTION LAWSUIT?
In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.
To be a part of the class in the SSR Mining class action lawsuit, you must have suffered losses in SSR Mining stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the class action against SSR Mining. HOW MUCH CAN I GET OUT OF THE SSR MINING CLASS ACTION LAWSUIT?
In a securities fraud class action lawsuit, the plaintiff’s damages are typically calculated as out-of-pocket losses. These losses are expressed as the difference between the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions which is why you suffered losses in SSR Mining stock. Contact an SSR Mining stock loss lawyer who could explain your losses in greater detail if you suffered losses in SSR Mining stock.
WHEN CAN I EXPECT TO RECEIVE MY PAYMENT IF THE CLASS ACTION AGAINST SSR MINING SETTLES?
If there is a settlement in the SSR Mining class action lawsuit, you should receive a court-ordered Notice through the mail which will provide a date when the court will hold a final hearing to decide if it will approve the settlement. If your address changed, you may also find lawsuits through sites such as Consumer Action and ClassAction.org along with instructions on how to submit a claim. The Notice will instruct you what you need to do to file a claim. In some class action settlements, you are automatically submitted and need to do nothing further. However, in others, you may be required to submit more information to proceed such as documentation proving your purchase, such as a receipt or brokerage slip or other evidence that you bought or sold SSR Mining stock during the class period and suffered losses in SSR Mining stock.
The court will hold a final hearing in the SSR Mining lawsuit on a date provided in the Notice to decide whether to finally approve the settlement. If the Court finally approves the settlement, and there are no objections or appeals, settlement payments will be mailed to all Participating Class Members within a few months. However, if there are objections or appeals, resolving them can take a significant amount of time, perhaps more than a year to resolve the SSR Mining lawsuit. IF THERE IS A SETTLEMENT IN THE CLASS ACTION AGAINST SSR MINING, AND I DO NOT THINK IT IS FAIR, WHAT ARE MY OPTIONS AS A CLASS MEMBER?
If you receive a notice that the SSR Mining class action lawsuit has been settled and you do not believe the settlement is fair but do not want to opt-out and file your own lawsuit, you may object to the settlement. You may object to any part of the settlement and the Court will consider all timely filed objections in the class action against SSR Mining. The notice will contain the date when any objections must be filed and will include instructions on where to send your objection and will also include a date for the final hearing in the SSR Mining class action lawsuit if you would like to appear and be heard by the court in the class action against SSR Mining.
WHAT IS THE DIFFERENCE BETWEEN OBJECTING AND EXCLUDING MYSELF IN THE SSR MINING CLASS ACTION lAWSUIT?
Objecting is telling the Court you do not believe the settlement in the SSR Mining class action lawsuit, or some part of it, is fair or reasonable. You can file an objection only if you stay in the Class and do not exclude yourself, and you may submit a Claim Form even if you object to the settlement. On the other hand, requesting exclusion is explicitly telling the Court you do not want to be part of the Class or the Settlement in the class action against SSR Mining. If you exclude yourself, you cannot object to the Settlement because you no longer have standing as you are not a class member anymore. Similarly, you cannot submit a Claim Form. If you stay in the Class and object, but your objection is overruled, you will not be allowed a second opportunity to exclude yourself.
CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about a SSR Mining class action lawsuit. Call today and see what a SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock. This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2026 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over a thousand on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. SSR MINING CLASS ACTION LAWSUIT: 5 critical concepts shareholders need to comprehend at this stage3/23/2024
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit seeks to represent purchasers or acquirers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in SSR Mining stock and wish to serve as lead plaintiff in the SSR Mining class action lawsuit, or just have general questions about your rights as a shareholder, please contact SSR Mining Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the SSR Mining class action lawsuit class action lawsuit must be filed with the court no later than May 17, 2024. In this guide, we will address the five critical concepts shareholders in the SSR Mining class action lawsuit need to know at this early stage of the litigation. WHAT IS THE LEAD PLAINTIFF DEADLINE IN THE SSR MINING CLASS ACTION LAWSUIT?
When a securities class action is filed such as the SSR Mining class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.
Lead plaintiff motions for the SSR Mining class action lawsuit class action lawsuit must be filed with the court no later than May 17, 2024. WHAT IS THE LEAD PLAINTIFF PROCESS IN THE SSR MINING CLASS ACTION LAWSUIT?
The Private Securities Litigation Reform Act (PSLRA) permits any investor who purchased and suffered losses in SSR Mining stock to seek appointment as lead plaintiff in the SSR Mining class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in SSR Mining stock and have further questions, contact SSR Mining stock loss Lawyer Timothy L. Miles today. CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF IN THE CLASS ACTION AGAINST SSR MINING?
Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in SSR Mining stock, they may move the Court to be appointed lead plaintiff in the class action against SSR Mining.
WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT?
Serving as a Lead Plaintiff in the SSR Mining class action lawsuit has several important benefits and advantages including:
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against SSR Mining if you suffered significant losses in SSR Mining stock. WHAT RESPONSIBILITIES WILL THE LEAD PLAINTIFF HAVE IN THE SSR MINING CLASS ACTION LAWSUIT?
A Lead Plaintiff owes a fiduciary duty to the class, and therefore, must act in the best interest of the class in the SSR Mining class action lawsuit. Some of the responsibilities of the Lead Plaintiff include:
WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE SSR MINING CLASS ACTION LAWSUIT SETTLES?
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class. Under the PSLAR, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the SSR Mining class action lawsuit on behalf of investors who suffered losses in SSR Mining stock. 15 U.S.C. § 78u–4(a)(4).
CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock. This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] timothy l. miles, esq.Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit seeks to represent purchasers or acquirers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in SSR Mining stock and wish to serve as lead plaintiff in the SSR Mining class action lawsuit, or just have general questions about your rights as a shareholder, please contact SSR Mining Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the SSR Mining class action lawsuit class action lawsuit must be filed with the court no later than May 17, 2024. In this complete guide, we will address five critical points regarding shareholders' purchases and sales of SSR Mining stock as they relate to the SSR Mining class action lawsuit. you cannot BE APPOINTED LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT IF you PURCHASED SHARES OUTSIDE OF THE CLASS PERIOD
Even if you suffered losses in SSR Mining stock, if you purchased securities outside of the Class period, you will not be able to participate in the SSR Mining class action lawsuit.
how THE CLASS PERIOD was DETERMINED IN THE SSR MINING CLASS ACTION LAWSUIT![]()
In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.
To be a part of the class in the SSR Mining class action lawsuit, you must have suffered losses in SSR Mining stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the class action against SSR Mining. you can sell your STOCK AND STILL BE A MEMBER OF THE CLASS IN THE SSR MINING LAWSUIT
There is no requirement for you to retain ownership of the stock after the class period has expired to participate in the SSR Mining lawsuit. One of the most frequently asked questions, and the answer is yes, after the class period has ended you can sell some or all of you SSR Mining stock and still be a part of the class action against SSR Mining.
IF YOU PURCHASED DURING THE CLASS PERIOD AND SUFFERED LOSSES THEN YOU ARE A MEMBER OF THE CLASS IN THE SSR Mining class action lawsuit
If you purchased shares during the class period and suffered losses in SSR Mining stock, then you are automatically a member of the class in the SSR Mining class action lawsuit and may participate in the SSR Mining class action lawsuit since you suffered losses in SSR Mining stock.
HOW MUCH COMPENSATION YOU MAY RECEIVE IS DEPENDENT OF THE TIMING OF YOUR SALE OF SSR MINING STOCK DURING THE CLASS PERIOD![]()
In a securities fraud class action lawsuit, the plaintiff’s damages are typically calculated as out-of-pocket losses. These losses are expressed as the difference between the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions which is why you suffered losses in SSR Mining stock. 0
CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock. This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] timothy l. miles, esq.Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. SSR MINING CLASS ACTION LAWSUIT: A COMPREHENSIVE GUIDE TO THE INITIAL STAGES OF THE LAWSUIT3/22/2024
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit has created chatter among investors since its filing due to implications for both the company's shareholders and the legal landscape. This article aims to provide an in-depth exploration of the initial stages of the SSR Mining class action lawsuit, from filing to certification, under the Private Securities Litigation Reform Act (PSLRA).
THE SSR MINING CLASS ACTION LAWSUIT
Before getting into discussing the details of the SSR Mining class action lawsuit, it is crucial to understand the PSLRA and its impact on class action lawsuits such as the SSR Mining lawsuit. Enacted in 1995, the PSLRA was designed to address perceived abuses in securities class action litigation. The Act introduced several key provisions, including heightened pleading standards and the requirement of a lead plaintiff with a significant financial stake in the case. These provisions aimed to deter frivolous lawsuits and promote transparency in securities class action litigation.
THE INITIAL STAGES OF THE SSR MINING CLASS ACTION LAWSUIT - FROM FILING TO CERTIFICATION
The SSR Mining class action lawsuit began with the filing of a complaint by an investor who alleged that the company made false and/or misleading statements about its financial condition. Specifically, the SSR Mining class action lawsuit alleges that SSR Mining is engaged in the operation, acquisition, exploration, and development of precious metal resource properties.
The SSR Mining class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; and (ii) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster. The SSR Mining class action lawsuit further alleges that on February 13, 2024, SSR Mining announced it would suspend operations at its Copler mine “as a result of a large slip on the heap leach pad.” The complaint further alleges that on the same day, Reuters published an article titled “SSR Mining halts gold production in Turkey after landslide, shares tank,” which further stated that “SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing.” On this news, the price of SSR Mining stock fell nearly 54%, according to the complaint. The complaint further alleges that on February 18, 2024, SSR Mining disclosed that it “acknowledge[s] that several of our team members are facing charges in relation to the recent incident.” On this news, the price of SSR Mining stock fell more than 8% over two trading sessions, according to the complaint. Then, on February 27, 2024, according to the SSR Mining class action lawsuit, SSR Mining’s Executive Chairman of the Board of Directors, defendant Rodney P. Antal stated that “[s]ix personnel are being detained and are facing charges in relation to the incident and we’re ensuring they receive the necessary support while respecting the Turkish legal process.” Defendant Antal further disclosed that “the Copler incident will have an impact on our financial results in 2024,” the complaint further alleges. On this news, the price of SSR Mining stock fell nearly 8%, according to the complaint. CONSOLIDATION AND THE LEAD PLAINTIFF DEADLINE IN THE SSR MINING CLASS ACTION LAWSUIT![]()
When a securities class action is filed such as the SSR Mining class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class in the SSR Mining class action lawsuit must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.
Within 90 days after publication of the notice announcing the filing of the SSR Mining class action lawsuit to class members, the court shall consider any Lead plaintiff motions and appoint as lead plaintiff the class member(s) that the court determines to be most capable of adequately representing the interests of class members in the SSR Mining class action lawsuit. If several similar lawsuits are filed which is typical, and a motion for consolidation is pending, the PSLRA provides that the court shall appoint a lead plaintiff as soon as practicable after rendering its decision on consolidation. DEFENDANTS' MOTION TO DISMISS THE SSR MINING LAWSUIT
After appointing lead plaintiff(s) and lead counsel in the SSR Mining lawsuit, typically, the court will enter a scheduling order setting a deadline for the filing of a consolidated complaint which shall become the operative pleading and then a deadline for the defendants to file a motion(s) to dismiss the consolidated complaint along with a briefing schedule for the motion. The PSLRA raised the bar for the plaintiffs in securities class actions which a heightened pleading standard plaintiffs have to meet. Plaintiffs in the SSR Mining class action lawsuit are required to plead with particularity every statement which is alleged to have been false or misleading and the set forth the reasons why those statements were false or misleading. Additionally, for statements based on information and belief, plaintiffs must state with particularly all facts on which that belief is formed.
If plaintiffs meet their burden and the motion(s) to dismiss are denied, then the case moves to class certification. To obtain class certification in the SSR Mining class action lawsuit, the plaintiffs needed to demonstrate that the case meets the criteria outlined in Rule 23 of the Federal Rules of Civil Procedure. This rule requires, among other things, that the class be so numerous that joinder of all members would be impracticable, that there are common questions of law and fact, and that the representative parties adequately represent the interests of the class. LEGAL REQUIREMENTS FOR CERTIFICATION OF A CLASS ACTION LAWSUIT
To obtain class certification in the Expensify class action lawsuit, the plaintiffs must meet the legal requirements set forth in Rule 23 of the Federal Rules of Civil Procedure. As previously mentioned, these requirements include numerosity, commonality, typicality, and adequacy of representation. Numerosity refers to the size of the class, which must be sufficiently large to make joinder impracticable. Commonality requires that there are questions of law or fact common to the class. Typicality ensures that the claims or defenses of the representative parties are typical of the class. Lastly, adequacy of representation necessitates that the representative parties will fairly and adequately protect the interests of the class. Plaintiffs in the SSR Mining class action lawsuit must also a class action lawsuit is under the circumstances the most efficient and appropriate method for resolving the lawsuit and that common questions of law and fact predominate over any questions affecting only individual members.
CHALLENGES FACED DURING THE INITIAL STAGES OF THE SSR MINING
The initial stages of the SSR Mining class action lawsuit will not be without their challenges. One of the primary challenges faced by the plaintiffs in the SSR Mining class action lawsuit will be meeting the stringent requirements for class certification under the PSLRA. The heightened pleading standards introduced by the PSLRA made it more difficult for plaintiffs to survive motions to dismiss and proceed with their claims. Additionally, the defendants often employ various legal strategies to challenge class certification, including arguing against the numerosity or commonality of the class, or asserting that the representative parties are not adequate to protect the class's interests.
NOTABLE DEVELOPMENTS AND RULINGS IN THE CASE
Throughout the course of the SSR Mining class action lawsuit, there will be several notable developments and rulings that shaped the trajectory of the litigation. For instance, the court may grand defendants' motion to dismiss and dismiss the SSR Mining class action lawsuit, or issue a ruling on class certification, either granting or denying it based on the plaintiffs' ability to meet the requirements of Rule 23. These rulings have significant implications for the litigation, as class certification determines whether the case proceeds as a class action or as individual lawsuits.
COMPARISON WITH OTHER CLASS ACTION LAWSUITS UNDER THE PSLRA
The SSR Mining class action lawsuit, is just one example of the numerous class action lawsuits that have been filed under the PSLRA. By comparing the SSR Mining class action lawsuit, with other similar lawsuits, a clearer understanding of the impact of the PSLRA on class action litigation can be gained. It is important to note that each case is unique and may have specific circumstances that differentiate it from others. However, analyzing trends and commonalities among these cases can provide valuable insights into the efficacy of the PSLRA's provisions.
POTENTIAL OUTCOMES AND IMPLICATIONS OF THE LAWSUIT
The potential outcomes and implications of the SSR Mining class action lawsuit are significant for both the plaintiffs and the defendants. If the plaintiffs are successful in the SSR Mining class action lawsuit, Expensify may be required to provide monetary compensation to the class members and make changes to its business practices or other governance reforms. On the other hand, if the defendants prevail, it could set a precedent that may impact future class action lawsuits under the PSLRA. The implications of this case extend beyond the specific parties involved and have broader implications for the pharmaceutical industry and the legal landscape as a whole.
CONCLUSION
In conclusion, the initial stages of the SSR Mining class action lawsuit under the PSLRA involve a complex and multifaceted process, from the filing of the complaint to the certification of the class. Understanding the legal requirements, key parties, challenges, and potential outcomes of the SSR Mining class action lawsuit is crucial to grasp the significance of this litigation. As the SSR Mining lawsuit progresses, it will undoubtedly continue to shape the landscape of class action lawsuits under the PSLRA and have far-reaching implications for both the pharmaceutical industry and the legal system as a whole.
CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock.
This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
In recent news, a class action lawsuit has been filed seeking to represent purchasers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
In this comprehensive guide, we will walk you through everything you need to know about the SSR Mining class action lawsuit. We will address the background of the case, the allegations against the company, potential impacts on investors, and what steps you can take if you believe you have been affected. Our goal is to ensure that you are well informed about the SSR Mining class action lawsuit and empower you to protect your rights as a shareholder. Whether you are a seasoned investor or just starting, understanding the dynamics of securities fraud cases is essential to safeguard your investments. Stay tuned as we jump deep into the intricacies of the SSR Mining class action lawsuit and provide you with valuable insights to navigate this situation effectively. UNDERSTANDING SECURITIES FRAUD![]()
Securities fraud, if proven, is a serious offense that involves deceptive practices in the stock market. It occurs when companies or individuals manipulate information or engage in fraudulent activities to deceive investors and manipulate stock prices. These fraudulent activities can take various forms, such as false financial statements, insider trading, market manipulation, or misrepresentation of important facts. The goal is to create a false perception of the company's financial health and drive up the stock price, leading to financial gain for the fraudsters at the expense of unsuspecting investors. Securities class actions are governed by the Private Securities Litigation Reform Act (PSLRA).
Securities fraud not only undermines the integrity of the financial markets but also poses significant financial risks to investors. It erodes investor confidence and can result in substantial financial losses. That is why investors must stay vigilant and take action if they suspect securities fraud. CLASS ACTION LAWSUITS EXPLAINED
Class action lawsuits provide a legal avenue for a group of individuals who have suffered similar harm or losses to seek justice collectively. In securities fraud cases, a class action lawsuit allows investors who have been affected by the fraudulent actions of a company to join forces and pursue their claims as a group as shown by the SSR Mining class action lawsuit.
By consolidating the claims into a single lawsuit, class actions streamline the legal process, making it more efficient and cost-effective for the plaintiffs. This approach also ensures that all affected investors have an opportunity to seek compensation, even if their losses may be relatively small. In a securities fraud class action lawsuit, a lead plaintiff is appointed to represent the interests of all class members. The lead plaintiff is typically an investor who has suffered the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. OVERVIEW OF THE SSR MINING CLASS ACTION LAWSUIT
SSR Mining is engaged in the operation, acquisition, exploration, and development of precious metal resource properties. The SSR Mining class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; and (ii) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster.
The SSR Mining class action lawsuit further alleges that on February 13, 2024, SSR Mining announced it would suspend operations at its Copler mine “as a result of a large slip on the heap leach pad.” The complaint further alleges that on the same day, Reuters published an article titled “SSR Mining halts gold production in Turkey after landslide, shares tank,” which further stated that “SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing.” On this news, the price of SSR Mining stock fell nearly 54%, according to the complaint. The SSR Mining class action lawsuit further alleges that on February 18, 2024, SSR Mining disclosed that it “acknowledge[s] that several of our team members are facing charges in relation to the recent incident.” On this news, the price of SSR Mining stock fell more than 8% over two trading sessions, according to the complaint. Then, on February 27, 2024, according to the complaint, SSR Mining’s Executive Chairman of the Board of Directors, defendant Rodney P. Antal in a corrective disclosure, stated that “[s]ix personnel are being detained and are facing charges in relation to the incident and we’re ensuring they receive the necessary support while respecting the Turkish legal process.” Defendant Antal further disclosed that “the Copler incident will have an impact on our financial results in 2024,” the complaint further alleges. On this news, the price of SSR Mining stock fell nearly 8%, according to the complaint. KEY PLAYERS IN THE SSR MINING CLASS ACTION LAWSUIT
In any securities fraud class action lawsuit, there are several key players involved. Understanding their roles can provide valuable insights into the dynamics of the case.
IMPACT ON INVESTORS AND SHAREHOLDERS
The allegations of securities fraud in the SSR Mining class action lawsuit have already had significant consequences for investors and shareholders. The allegedly fraudulent activities artificially inflated the company's stock price, leading many investors to buy shares at inflated prices based on false information.
When the truth was exposed trough a corrective disclosure, the stock price plummeted, causing substantial losses for investors and leading to the filing of the SSR Mining class action lawsuit. Those who bought shares at inflated prices were left with investments worth far less than what they originally paid and now seek compensation in the Xponential class action lawsuit. The impact of the SSR Mining class action lawsuit extends beyond financial losses to include reputational losses. Investor confidence in SSR Mining has been shaken, and the broader market may also be affected. The fallout from securities fraud cases can have far-reaching implications for the reputation and stability of companies and the financial markets as a whole. THE LEAD PLAINTIFF PROCESS in the SSR MINING CLASS ACTION LAWSUIT
The Private Securities Litigation Reform Act (PSLRA) permits any investor who purchased and suffered losses in SSR Mining stock to seek appointment as lead plaintiff in the SSR Mining class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in SSR Mining stock and have further questions, contact SSR Miningstock loss Lawyer Timothy L. Miles today. THE STAGES TO THE SSR MINING CLASS ACTION LAWSUIT
Securities fraud class actions go through a series of stages. In the SSR Mining lawsuit, the various steps to the lawsuit would be as follows:
WHAT DO THE PLAINTIFFS HAVE TO PROVE TO PREVAIL IN THE SSR MINING CLASS ACTION LAWSUIT?
To understand the basis of the SSR Mining class action lawsuit, it is essential to grasp the key elements of securities fraud actions. The majority of securities fraud claims are brought under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. To prevail in a Rule 10b-5 action, a plaintiff must establish six elements:
POTENTIAL OUTCOMES AND SETTLEMENTS IN THE SSR MINING CLASS ACTION LAWSUIT
Securities fraud class action lawsuits can result in various outcomes, depending on the circumstances of the case. The resolution of the SSR Mining class action lawsuit could take several forms:
HOW CAN AN SSR MINING STOCK LOSS LAWYER HELP you?
An SSR Mining stock loss Lawyer is well-versed in the complex laws that govern the securities industry and litigation and focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals such as the SSR Mining class action lawsuit. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, they have lost money due to mistakes, incompetence, or fraud by an investment professional.
While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discover every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct. Look for a securities lawyer with experience, high ethical standards, verifiable credentials, and a trustworthy reputation among his peers and the judiciary, as well as testimonials from previous clients and awards and recognitions. One name that immediately pops up is nationally known and widely respected Nashville lawyer Timothy L. Miles, who has valuable experience and has received numerous awards, mostly due to his high ethical standards, and hard work ethic, including most recently being named a Top 25 Class action lawyer by the National Trial Lawyers Association, and has maintained an AV rating from Martindale-Hubble since 2014, was named a 2023 Top Rated Litigator and 2023 Top Rated Lawyer by Martindale-Hubble and ALM, and was recently named a 2023 Elite Lawyer of the South by Martindale-Hubble for the fifth year in a row, and was a recipient of Avvo Client’s Choice Award in 2021, in 2022 was featured in the Top 100 Lawyers Magazine and received the Lifetime Achievement Award by Premier Lawyers of America (2019–2021). This will most likely be the only call you need to make. (855) 846–6529 or [email protected]. HOW MUCH YOU CAN GET OUT OF THE SSR MINING CLASS ACTION LAWSUIT?
In a securities fraud class action lawsuit, the plaintiff’s damages are typically calculated as out-of-pocket losses. These losses are expressed as the difference between the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions which is why you suffered losses in SSR Mining stock. Contact an SSR Mining stock loss lawyer who could explain your losses in greater detail if you suffered losses in SSR Mining stock.
HOW MUCH DOES IT COST TO HIRE A SSR MINING STOCK LOSS LAWYER IF I SUFFERED LOSSES IN SSR MINING STOCK?
Nothing. If you suffered losses in SSR Mining and are a member of the class, it does not cost anything to hire an SSR Mining stock loss lawyer. Our firm litigates securities fraud cases on a contingent fee basis, so plaintiffs and the class do not pay attorneys’ fees or court costs unless there is a recovery, and the attorney fees and costs are awarded by the court as a percentage of the total recovery for the class. So, contact an SSR Mining stock loss lawyer today if you suffered losses in SSR Mining stock about an SSR Mining lawsuit.
CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock.
This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit seeks to represent purchasers or acquirers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in SSR Mining stock and wish to serve as lead plaintiff in the SSR Mining class action lawsuit, or just have general questions about your rights as a shareholder, please contact SSR Mining Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the SSR Mining class action lawsuit must be filed with the court no later than May 17, 2024. If you are a shareholder who has been affected by the SSR Mining class action lawsuit, you must have resources to help navigate the complexities of the legal process and ensure you receive fair compensation. In this article, we have compiled a complete list of resources specifically tailored for shareholders involved in securities class actions just like the SSR Mining class action lawsuit. WHAT ARE RESOURCES FOR SHAREHOLDERS IN THE SSR MINING CLASS ACTION LAWSUIT?
When facing a securities class action such as the SSR Mining class action lawsuit, shareholders need access to a variety of resources to protect their rights and interests. These resources can be categorized into three main types: legal support services, informational websites, and helpful tools. By utilizing these resources, shareholders can gain a better understanding of their options, make informed decisions, and increase their chances of a successful outcome in the SSR Mining class action lawsuit.
THE IMPORTANCE OF RESOURCES FOR SHAREHOLDERS IN SECURITIES CLASS ACTIONS![]()
Securities class actions can be complex and overwhelming, especially for individual shareholders and the SSR Mining class action lawsuit will be no different. Without the proper resources and guidance, shareholders may struggle to navigate the legal landscape and may not receive the compensation they deserve. By utilizing the resources available, shareholders can level the playing field and ensure they have the necessary tools to protect their rights and interests in the SSR Mining class action lawsuit.
TYPES OF RESOURCES AVAILABLE FOR SHAREHOLDERS IN THE SSR MINING CLASS ACTION LAWSUITResearching and Analyzing Securities Class Actions
One of the key resources for shareholders involved in the SSR Mining class action lawsuit is the ability to research and analyze the details of the case. This includes understanding the allegations, identifying the parties involved, and assessing the potential impact on shareholders. Websites such as Bloomberg, Reuters, and Yahoo Finance provide valuable news and analysis on securities class actions, including the SSR Mining class action lawsuit, helping shareholders stay informed and make informed decisions.
Additionally, online databases such as PACER (Public Access to Court Electronic Records) and LexisNexis offer access to relevant court documents, including complaints, motions, and settlements. By reviewing these documents, shareholders can gain insights into the progress of the SSR Mining lawsuit, the arguments presented by both parties and the potential outcomes of the SSR Mining lawsuit. Tools and Databases for Monitoring Securities Class Actions
To stay informed about the progress of the SSR Mining class action lawsuit and any relevant developments, shareholders can utilize various tools and databases. Websites like Securities Class Action Clearinghouse and Cornerstone Research provide comprehensive information on ongoing cases, including details about the parties involved, the jurisdiction, and the status of the litigation. Furthermore, platforms like Docket Alarm and Class Action Tracker allow shareholders to track multiple cases, receive notifications about important updates, and manage their portfolio of securities class actions. These tools streamline the process of monitoring and managing multiple cases, ensuring shareholders stay up-to-date and can take appropriate action when necessary.
Legal Resources for Shareholders
When involved in a securities class action like the SSR Mining class action lawsuit shareholders often require legal representation to protect their rights and advocate for fair compensation. Reputable law firms practicing securities class actions can provide invaluable assistance throughout the legal process. These firms have experienced attorneys who understand the complexities of securities law and have a track record of success in handling class actions.
One name that immediately pops up is nationally known and widely respected Nashville lawyer Timothy L. Miles, who has valuable experience and has received numerous awards, mostly due to his high ethical standards, and hard work ethic, including most recently being named a Top 25 Class action lawyer by the National Trial Lawyers Association, and has maintained an AV rating from Martindale-Hubble since 2014, was named a 2023 Top Rated Litigator and 2023 Top Rated Lawyer by Martindale-Hubble and ALM, and was recently named a 2023 Elite Lawyer of the South by Martindale-Hubble for the fifth year in a row, and was a recipient of Avvo Client’s Choice Award in 2021, in 2022 was featured in the Top 100 Lawyers Magazine and received the Lifetime Achievement Award by Premier Lawyers of America (2019–2021). This will most likely be the only call you need to make and the is no charge. (855) 846–6529 or [email protected]. Additionally, Mr. Miles's website contains an extensive resources page with a wealth of information for shareholders including important deadlines and over 250 frequently asked questions. In addition to legal representation, shareholders may also benefit from legal advice and guidance. Organizations like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) offer resources and educational materials to help shareholders understand their rights, navigate the legal landscape, and make informed decisions. Financial Resources for Shareholders
Securities class actions like the SSR Mining class action lawsuit can have significant financial implications for shareholders. To ensure they receive fair compensation, shareholders may need access to financial resources, such as expert witnesses, financial analysts, and forensic accountants. These professionals can provide expert opinions, conduct financial analyses, and evaluate the impact of the alleged misconduct on shareholder value.
Moreover, financial publications and research platforms like The Wall Street Journal, Seeking Alpha, and Morningstar can provide shareholders with valuable insights into the financial aspects of securities class actions. By staying informed about market trends, company financials, and analyst opinions, shareholders can better understand the potential impact of the litigation on their investments including the SSR Mining class action lawsuit. Support Resources for Shareholders
Navigating a securities class action such as the SSR Mining class action lawsuit can be emotionally and mentally taxing for shareholders. Shareholders must have access to support resources to help them cope with the stress and uncertainties of the litigation process. Shareholder advocacy groups, such as the Shareholder Forum and the Council of Institutional Investors, provide support, education, and resources to shareholders, empowering them to actively participate in the legal process and protect their interests.
Additionally, online communities and forums dedicated to securities class actions like the SSR Mining class action lawsuit allow shareholders to connect with others who are going through similar experiences. These platforms provide a space for shareholders to share insights, ask questions, and seek support from individuals who understand the challenges and complexities of securities litigation. CONCLUSION
Securities class actions can be complex and overwhelming, but with the right resources, shareholders can navigate the legal landscape with confidence. From legal support services to informational websites and helpful tools, there are numerous resources available to help shareholders protect their rights and interests. By utilizing these resources, shareholders can stay informed, make informed decisions, and increase their chances of a successful outcome in the SSR Mining class action lawsuit. Do not let the complexities of a securities class action intimidate you. Arm yourself with the necessary resources and empower yourself to navigate this legal landscape with confidence.
CONTACT An SSR MINING STOCK LOSS LAWYER TODAY ABOUT An SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock.
This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime.
If you suffered losses in SSR Mining stock, contact SSR Miling stock loss lawyer Timothy L. Miles about a SSR Mining lawsuit
INTRODUCTION TO THE SSR MINING CLASS ACTION LAWSUIT![]()
The SSR Mining class action lawsuit seeks to represent purchasers or acquirers of SSR Mining Inc. (NASDAQ: SSRM) publicly traded securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”). Captioned Akhras v. SSR Mining Inc., No. 1:24-cv-00739 (D. Colo.), the SSR Mining class action lawsuit charges SSR Mining and certain of SSR Mining’s top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in SSR Mining stock and wish to serve as lead plaintiff in the SSR Mining class action lawsuit, or just have general questions about your rights as a shareholder, please contact SSR Mining Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the SSR Mining class action lawsuit must be filed with the court no later than May 17, 2024. In this circumstantiated guide, we will discuss everything an SSR Mining shareholder needs to know about the lead plaintiff process in the SSR Mining class action lawsuit. WHAT IS THE LEAD PLAINTIFF DEADLINE?
When a securities class action is filed such as the SSR Mining class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.
WHAT IS A SECURTIES FRAUD CLASS ACTION?![]()
A securities fraud class action refers to a legal action taken by a group of investors who have suffered financial losses as a result of fraudulent activities committed by a company or its executives. This type of lawsuit is typically filed when a company misrepresents or withholds important information from investors, leading to a decline in the value of their investments. The purpose of a securities fraud class action is to seek compensation for the affected investors and hold the company accountable for its fraudulent practices. Securities fraud class actions are governed by the Private Securities Litigation Reform Act (PSLRA).
One notable securities fraud class action lawsuit is the SSR Mining class action lawsuit. In this case, investors who purchased SSR Mining securities alleged that the company made false and misleading statements and misled investors, and when the truth was ultimately disclosed, they suffered losses from purchasing shares that had been artificially inflated by the false and misleading information. Securities fraud class actions are typically initiated by a lead plaintiff or a group of lead plaintiffs who represent the interests of all the affected investors. The lead plaintiff is often an institutional investor or a large shareholder who has suffered substantial losses and possesses the resources and expertise to effectively pursue the lawsuit on behalf of the class. The lead plaintiff's role is crucial in coordinating with legal counsel, gathering evidence, and making strategic decisions throughout the litigation process. To proceed with a securities fraud class action, the lead plaintiff must demonstrate that there is a common issue of law or fact among the members of the class and additionally must also demonstrate that a class action lawsuit is under the circumstances the most efficient and appropriate method for resolving their claims. If these requirements are met, the court will certify the lawsuit as a class action, allowing all eligible investors to participate in the litigation and share in any potential recovery. Once certified, the securities fraud class action typically goes through several stages, including discovery, where both parties exchange relevant documents and information, and motion practice, where each side presents legal arguments to the court. If the case does not settle during these stages, it may proceed to trial, where a jury or judge will determine liability and damages. In securities fraud class actions, the defendants are usually the company accused of fraud and its executives who were involved in the fraudulent activities. The lead plaintiff seeks damages on behalf of all class members, which may include compensation for their financial losses, interest, attorneys' fees, and other costs incurred throughout the litigation process. In conclusion, a securities fraud class action is a legal mechanism used by investors to seek compensation for financial losses resulting from fraudulent activities committed by a company. The SSR Mining class action lawsuit serves as an example of how investors can hold companies accountable for their alleged misrepresentations and omissions. These lawsuits play an essential role in protecting investor rights and promoting transparency in the financial markets. WHAT IS THE LEAD PLAINTIFF PROCESS?
The PSLRA permits any investor who purchased and suffered losses in SSR Mining stock to seek appointment as lead plaintiff in the SSR Mining class action lawsuit A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in SSR Mining stock and have further questions, contact SSR Miningstock loss Lawyer Timothy L. Miles today. CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF?
Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in SSR Mining stock, they may move the Court to be appointed lead plaintiff.
WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF?
Serving as a Lead Plaintiff in the SSR Mining class action lawsuit has several important benefits and advantages including:
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against SSR Mining if you suffered significant losses in SSR Mining stock. WHAT RESPONSIBILITIES WILL THE LEAD PLAINTIFF HAVE?
A Lead Plaintiff owes a fiduciary duty to the class, and therefore, must act in the best interest of the class in the SSR Mining class action lawsuit. Some of the responsibilities of the Lead Plaintiff include:
CAN I BE APPOINTED LEAD PLAINTIFF IF I PURCHASED SHARES OUTSIDE OF THE CLASS PERIOD?
No. Even if you suffered losses in SSR Mining stock, if you purchased securities outside of the Class period, you will not be able to participate in the lawsuit.
CAN THE COURT APPOINT MORE THAN ONE LEAD PLAINTIFF?
Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs.
HOW WAS THE CLASS PERIOD DETERMINED IN THE SSR MINING CLASS ACTION LAWSUIT?
In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.
To be a part of the class in the SSR Mining lawsuit, you must have suffered losses in SSR Mining stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the SSR Mining lawsuit. WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE SSR MINING CLASS ACTION LAWSUIT SETTLES?
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class. Under the PSLAR, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the SSR Mining class action lawsuit on behalf of investors who suffered losses in SSR Mining stock. 15 U.S.C. § 78u–4(a)(4).
HOW CAN AN SSR MINING STOCK LOSS LAWYER HELP ME IF I SUFFERED LOSSES IN SSR MINING STOCK?
An SSR Mining stock loss Lawyer is well-versed in the complex laws that govern the securities industry and litigation and focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals such as the SSR Mining class action lawsuit. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, they have lost money due to mistakes, incompetence, or fraud by an investment professional.
While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discover every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct. Look for a securities lawyer with experience, high ethical standards, verifiable credentials, and a trustworthy reputation among his peers and the judiciary, as well as testimonials from previous clients and awards and recognitions. One name that immediately pops up is nationally known and widely respected Nashville lawyer Timothy L. Miles, who has valuable experience and has received numerous awards, mostly due to his high ethical standards, and hard work ethic, including most recently being named a Top 25 Class action lawyer by the National Trial Lawyers Association, and has maintained an AV rating from Martindale-Hubble since 2014, was named a 2023 Top Rated Litigator and 2023 Top Rated Lawyer by Martindale-Hubble and ALM, and was recently named a 2023 Elite Lawyer of the South by Martindale-Hubble for the fifth year in a row, and was a recipient of Avvo Client’s Choice Award in 2021, in 2022 was featured in the Top 100 Lawyers Magazine and received the Lifetime Achievement Award by Premier Lawyers of America (2019–2021). This will most likely be the only call you need to make. (855) 846–6529 or [email protected]. WHAT IS THE DIFFERENCE BETWEEN OBJECTING AND EXCLUDING MYSELF IN THE SSR MINING LAWSUIT?
Objecting is telling the Court you do not believe the settlement in the SSR Mining lawsuit, or some part of it, is fair or reasonable. You can file an objection only if you stay in the Class and do not exclude yourself, and you may submit a Claim Form even if you object to the settlement. On the other hand, requesting exclusion is explicitly telling the Court you do not want to be part of the Class or the Settlement in the class action against SSR Mining. If you exclude yourself, you cannot object to the Settlement because you no longer have standing as you are not a class member anymore. Similarly, you cannot submit a Claim Form. If you stay in the Class and object, but your objection is overruled, you will not be allowed a second opportunity to exclude yourself.
HOW MUCH DOES IT COST TO HIRE A SSR MINING STOCK LOSS LAWYER IF I SUFFERED LOSSES IN SSR MINING STOCK?
Nothing. If you suffered losses in SSR Mining and are a member of the class, it does not cost anything to hire an SSR Mining stock loss lawyer. Our firm litigates securities fraud cases on a contingent fee basis, so plaintiffs and the class do not pay attorneys’ fees or court costs unless there is a recovery, and the attorney fees and costs are awarded by the court as a percentage of the total recovery for the class. So, contact an SSR Mining stock loss lawyer today if you suffered losses in SSR Mining stock about an SSR Mining lawsuit.
CONTACT A SSR MINING STOCK LOSS LAWYER TODAY ABOUT A SSR MINING CLASS ACTION LAWSUIT
If you suffered losses in SSR Mining stock, contact SSR Mining stock loss lawyer Timothy L. Miles today for a free case evaluation about an SSR Mining class action lawsuit. Call today and see what an SSR Mining stock loss lawyer could do for you if you suffered losses in SSR Mining stock.
This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] SSR Mining stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
July 2024
Categories
All
|
CONTACT
The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |