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PPTA Investors Have Opportunity to Lead Perpetua Resources Corp. Securities Fraud Lawsuit
PPTAPerpetua Resources(PPTA) Prnewswire·2025-03-26 06:21

Core Viewpoint - A class action lawsuit has been filed against Perpetua Resources Corp. on behalf of shareholders who purchased securities between April 17, 2024, and February 13, 2025, due to alleged misrepresentation of the costs associated with the Stibnite Gold Project [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the class period, the defendants provided misleading information regarding the true costs of the Stibnite Gold Project, particularly concerning inflation impacts and undisclosed decisions that led to a significant increase in projected initial capital expenses [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased Perpetua securities during the class period [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly. A lead plaintiff must file a motion by May 20, 2025, to represent other class members [3][6]. - It is noted that no class has been certified yet, meaning investors are not represented by counsel unless they choose to retain one [7]. Group 3: Law Firm Credentials - The Rosen Law Firm, which is handling the case, has a strong track record in securities class actions, having achieved significant settlements in the past, including over $438 million for investors in 2019 [4].