INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Perpetua Resources Corp. of Class Action Lawsuit and Upcoming Deadlines - PPTA
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Pomerantz LLP has filed a class action lawsuit against Perpetua Resources Corp. (PPTA) alleging potential securities fraud. The lawsuit stems from the company's February 13, 2025 announcement of a $952 million increase in capital expenses for its Stibnite Gold Project, representing a 75% cost escalation. This news caused PPTA's stock to drop 22.39% on February 14, 2025.
March 24, 2025 | 3:30 pm
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Class action lawsuit alleges potential securities fraud related to significant cost overruns in Stibnite Gold Project, which caused substantial stock price decline
The lawsuit and significant cost overruns suggest potential management transparency issues, which could negatively impact investor confidence and stock performance
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100