Barrick Gold Corporation (USA) (NYSE:ABX) Investor Lawsuit alleges Misleading Statements

An investor, who purchased shares of Barrick Gold Corporation (USA) (NYSE:ABX), filed a lawsuit over alleged violations of Federal Securities Laws by Barrick Gold Corporation.

Investors who purchased shares of Barrick Gold Corporation (USA) (NYSE:ABX) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The plaintiff claims that between February 16, 2017 and April 24, 2017, the Defendants failed to disclose that the pipes and safety systems at the Veladero mine were not robust enough to prevent gold-bearing solution spills, that, as a result, Argentinian authorities would restrict the addition of cyanide to the Veladero mine’s heap leach facility and require remedial work, that that these developments would impact (and were impacting) the production capacity of the Veladero mine, that as such, the Company’s Veladero mine production guidance and total gold production guidance were overstated, and that, as a result of the foregoing, Defendants’ statements about Barrick’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of Barrick Gold Corporation (USA) (NYSE:ABX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com