BOSTON, MA / ACCESSWIRE / April 2, 2020 / Thornton Law Firm LLP announces that a lawsuit has been filed against Golden Star Resources, Ltd. on behalf of GSS shareholders (NYSE:GSS). Investors who purchased at least 1,000 shares of GSS stock between February 20, 2019 and July 30, 2019 that are interested to serve as a lead plaintiff are encouraged to visit https://www.tenlaw.com/cases/GSS. Shareholders may also contact Thornton Law Firm at shareholder@tenlaw.com, or call 617-531-3917. There is no minimum number of shares required to be a class member.
FOR MORE INFORMATION, VISIT: https://www.tenlaw.com/cases/GSS
Interested GSS shareholders have until June 1, 2020 to apply to be a lead plaintiff. The lawsuit alleges violations of the federal securities laws, and the class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. There is no minimum number of shares required to be a class member.
Golden Star Resources, Ltd. is a Canadian gold-mining company. The organization has two gold mines in Ghana, West Africa.
The Complaint alleges that Golden Star Resources failed to disclose that: (1) it had insufficient geological and geotechnical data in its Prestea mine; (2) the Company had experienced deficiencies in its operating practices and mining methods including inaccurate long hole drilling and blasting in its Prestea mine; (3) the Company did not have the mining flexibility and more measured resources to ensure higher reserve grade; (4) the Company had experienced increased tonnage at much lower grade where it had to supplement some of the production with oxide material; and that (5) the Company had excessive dilution which drove lower mining rates at the Prestea mine. The lawsuit alleges that when the true details entered the market, investors suffered damages.
Investors who are interested in serving as a lead plaintiff and who purchased at least 1,000 shares of GSS stock (NYSE: GSS) are encouraged to contact the Thornton Law Firm's shareholder rights team at http://www.tenlaw.com/cases/GSS, by email at shareholder@tenlaw.com, or calling 617-531-3917 to discuss the lead plaintiff process.
FOR MORE INFORMATION: https://www.tenlaw.com/cases/GSS
Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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Thornton Law Firm LLP
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SOURCE: Thornton Law Firm LLP
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