Levi & Korsinsky, LLP Notifies Shareholders of Gatos Silver, Inc. (GATO) an Upcoming Claims Deadline in a Class Action Settlement

Date/time : 2024-04-02 10:30 AM
Symbol :

GATO

Company : Gatos Silver Inc.
Price : 11.37
Market cap : 786,588,504
O/S : 69,181,047
Exchange :

TSX

Industry :

Precious Metals

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Levi & Korsinsky, LLP Notifies Shareholders of Gatos Silver, Inc. (GATO) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / April 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Gatos Silver, Inc. (NYSE: GATO). The settlement provides for a fund of $21,000,000 to benefit class members. For the purposes of the settlement, the class is defined as: all Persons and entities who or which either (i) during the period from December 9, 2020 to January 25, 2022, both inclusive, purchased or otherwise acquired Gatos common stock listed on the NYSE, or, in domestic transactions, purchased or otherwise acquired publicly traded call options on Gatos common stock, and/or sold publicly traded put options on Gatos common stock, and were damaged thereby; or (ii) purchased or otherwise acquired Gatos common stock pursuant or traceable to the 2020 Registration Statement or the 2021 Registration Statement, in domestic transactions or on the NYSE, and were damaged thereby.

If you are a class member as defined above, you may be entitled to a pro-rata share of the settlement fund. In order to receive a share of the settlement, you must file a claim form by June 19, 2024.

For more details on the settlement, including a copy of the claim form, please visit: https://zlk.com/settlement-form/?redirect=aHR0cHM6Ly96bGsuY29tL3NldHRsZW1lbnQvZ2F0b3Mtc2lsdmVyLWluYy1zZXR0bGVtZW50&spr=263&wire=1&ticker=GATO

Levi & Korsinsky did not act as lead counsel or otherwise participate in litigating the above class action. We are providing this information as a courtesy to remind class members of the claims deadline so they can file their forms in a timely fashion.

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.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP



View the original press release on accesswire.com