PPTA LAWSUIT ALERT: Levi & Korsinsky Notifies Perpetua Resources Corp. Investors of a Class Action Lawsuit and Upcoming Deadline
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Perpetua Resources Corp. (PPTA) alleging securities fraud between April 17, 2024, and February 13, 2025. The lawsuit claims the company misrepresented initial capital expenditure estimates for the Stibnite Gold Project, with actual costs increasing by over 75% from original projections. The stock price dropped 22.39% following the disclosure of additional $952 million in project expenses.
April 02, 2025 | 4:00 pm
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Perpetua Resources faces potential financial and reputational damage from class action lawsuit alleging securities fraud related to Stibnite Gold Project cost misrepresentations.
The lawsuit directly targets PPTA, alleging material misrepresentations about project costs. The 22.39% stock price drop and potential legal damages suggest significant negative short-term impact.
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