SSR MINING CLASS ACTION LAWSUIT: an unexpurgated elucidation of the lead plaintiff process

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

Contact an SSR Mining stock loss lawyer about an SSR Mining class action lawsuit today

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.
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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 unexpurgated elucidation, we will discuss everything a SSR Mining shareholder need to know about the lead plaintiff process in the SSR Mining class action lawsuit.

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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. 

WHAT PLAINTIFFS HAVE TO PROVE TO PREVAIL IN THE SSR MINING CLASS ACTION LAWSUIT?

1. Material Misrepresentation or Omission: The defendant made a material misrepresentation or omission.
2. Scienter: The defendant acted with scienter, indicating a wrongful state of mind.
3. Connection with Purchase or Sale of a Security: The misrepresentation or omission was made in connection with the purchase or sale of a security.
4. Reliance: The plaintiff relied on the misrepresentation or omission.
5. Economic Loss: The plaintiff suffered an economic loss as a result of the fraud.
6. Loss Causation: The plaintiff can demonstrate loss causation, proving that the fraudulent misrepresentation or omission caused the economic loss.

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 Mining​stock loss Lawyer Timothy L. Miles today.

THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE SSR MINING CLASS ACTION LAWSUIT

Serving as a Lead Plaintiff in the class action against SSR Mining has several important benefits and advantages including:

1. Negotiating attorney fees: As the lead plaintiff, you can negotiate more competitive attorney fees and reduce other litigation costs by actively monitoring the class counsel.
2. Managing the litigation: You have the opportunity to manage the litigation by actively overseeing and monitoring the progress of the action, reviewing important filings, and providing input on decisions concerning the settlement.
3. No financial risk: Serving as the lead plaintiff does not come with any financial risk. Lead counsel advances all costs and expenses incurred in the prosecution of the case and is reimbursed only if there is a successful settlement or judgment recovery for the class.
4. Involvement in settlement negotiations: You can be involved in all negotiations related to any settlement, ensuring that the best interests of the class are represented.
5. Long-term benefits: If you continue to own agilon stock, you may benefit from any governance reform resulting from the litigation.

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:

1. Selecting, monitoring, and overseeing lead counsel: You have the authority to choose a law firm to represent the class and ensure they are diligently pursuing the case.
2. Reviewing and commenting on court filings: You must carefully review and provide input on court filings on behalf of the class.
3. Discussing litigation strategies: You will work closely with lead counsel to discuss and develop effective litigation strategies.
4. Attending depositions and hearings: If necessary, you may need to attend depositions and hearings related to the case.
5. Participating in mediation and trial: You may be involved in mediation sessions or, if the case proceeds to trial, attend and participate in the trial proceedings.
6. Providing input on settlement decisions: You will have a say in any decisions concerning the settlement of the class action. 

NON-U.S. INVESTORs may SERVE AS LEAD PLAINTIFFs 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. 

FREQUENTLY ASKED QUESTIONS

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 I Sell My Stock and Still be a Member of the SSR Mining Lawsuit

​​Yes. There is no requirement for you to retain ownership of the stock after the class period has expired to participate in the SSR Mining class action lawsuit.

How Do I Know if I am a Member of the Class in the Class Action Against SSR Mining?

​​If you purchased shares during the class period and suffered losses in SSR Mining stock, then you are most likely a member of the class in the class action against SSR Mining lawsuit and may participate in the case.

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. Miles

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.

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]
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