Hecla Mining Company Securities Fraud Lawsuit
April 2, 2012 Deadline
Investors are encouraged to contact Gilman Law before the
April 2, 2012 Deadline to participate in
the Hecla Mining Company Securities Fraud Lawsuit.
http://gilmanlawsecuritiesstocksbondsfraud.com/securities-under-investigation/hecla-mining-company-securities-fraud-lawsuit/
Leading national securities law firm Gilman Law LLP
is investigating claims in
the Hecla Mining Company Securities Fraud Lawsuit alleging
violations of securities laws
by Hecla Mining Company (“Hecla”) and its officers or
directors.
Specifically, the suit alleges that Hecla and its officers or
directors issued materially false and misleading statements
to investors, thereby violating
the Securities Exchange Act of 1934.
If you purchased or otherwise acquired shares of
Hecla’s common stock between October 26, 2010, and
January 11, 2012, (the “class period”), you are encouraged
to contact Gilman Law before the April 2, 2012 Deadline.
Investors may contact Ken Gilman, the managing partner of
Gilman Law LLP, at (239) 221-8301 or by clicking the
free consultation link below and completing an
investor certification form.
TO JOIN THE HECLA MINING COMPANY SECURITIES FRAUD LAWSUIT, CLICK HERE TO OBTAIN AN INVESTOR CERTIFICATION.
Hecla Mining Securities Fraud Lawsuit Details
Hecla mines various precious metals, minerals, gold, silver, lead, and zing, which are sold to smelters, consumers, and precious metals traders.
The complaint alleges that Hecla and its Directors failed to
disclose operational problems at its Lucky Friday mine.
Various safety issues and accidents were reported, including
a fatal accident on April 15, 2011.
Later, on November 18, 2011, another miner was critically
injured, and later died, from an accident was in the mine.
The mine closed pending further investigation on
December 15, 2011 and the Mine Safety Health Administration
was notified.
The Mine Safety and Health Administration (MSHA) fined Hecla
over safety concerns in the Lucky Friday mine and concerns
over the death of one minor in an April 2011 accident.
Please visit our website for more information on the MSHA Helca Mine Safety Inspection.
These various incidents and invesigations have caused the stock
price to drop from slightly below $6 on January 10, 2012,
to as low as $4.31 per share on January 11, 2012, less than
half of its value one year earlier.
About Gilman Law
The securities law attorneys of Gilman Law have over 32 years
of experience in securities law and have been involved in
all major aspects of securities litigation.
Gilman Law focuses on cases involving stock manipulation,
securities fraud, investments fraud, shareholder rights
violations, and securities arbitration.
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