Financial News

Gatos Class Action: Levi & Korsinsky Reminds Gatos Silver, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 25, 2022 - GATO

By: Newsfile

New York, New York--(Newsfile Corp. - April 4, 2022) - Levi & Korsinsky, LLP notifies investors in Gatos Silver, Inc. ("Gatos" or the "Company") (NYSE: GATO) of a class action securities lawsuit.

The lawsuit on behalf of Gatos investors has been commenced in the the United States District Court for the District of Colorado. Affected investors purchased or otherwise acquired certain Gatos securities This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive.. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/gatos-silver-inc-loss-submission-form?prid=25530&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

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Gatos Silver, Inc. NEWS - GATO NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Gatos during the relevant timeframe, you have until April 25, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/gatos-silver-inc-loss-submission-form?prid=25530&wire=5 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119207

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