PPTA Class Action Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Perpetua Resources Corp. Class Action
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Robbins LLP has filed a class action lawsuit against Perpetua Resources Corp. (PPTA) alleging that the company misled investors about the true capital expenses of its Stibnite Gold Project. The lawsuit claims that the company understated potential cost increases from 10-20% to an actual 75% increase, resulting in a significant stock price drop from $11.97 to $9.29 on February 14, 2025.
March 31, 2025 | 5:45 pm
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The class action lawsuit alleges systematic misrepresentation of project costs, which could lead to financial penalties and investor trust erosion.
The lawsuit directly targets PPTA's management for allegedly misleading investors about project costs, which resulted in a significant stock price decline and potential legal repercussions.
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