|[October 30, 2013]
PRETIUM RESOURCES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Pretium Resources Inc.
NEW ORLEANS --(Business Wire)--
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until December 24, 2013 to file lead plaintiff applications
in a securities class action lawsuit against Pretium Resources Inc.
("Pretium" or the "Company") (NYSE: PVG) if they purchased the Company's
securities during the period between January 19, 2011 and October 21,
2013, inclusive (the "Class Period"). This action is pending in the
United States District Court for the Southern District of New York.
What You May Do
If you purchased shares of Pretium and would like to discuss your legal
rights and how this case might affect you and your right to recover for
your economic loss, you may, without obligation or cost to you, call
toll-free at 1-877-515-1850, or email KSF Managing Partner Lewis Kahn (email@example.com)
or associate Michael Palestina (firstname.lastname@example.org).
If you wish to serve as a lead plaintiff in this class action, you must
petition the Court by December 24, 2013.
About the Lawsuit
Pretium and certain of its executives are charged with issuing a series
of materially false and misleading statements during the Class Period,
in violation of federal securities laws.
These included, in part, failing to disclose that: (a) Pretium had not
secured credible evidence regarding the quantity or quality of reserve
estimates it claimed during the Class Period; (b) one of the companies
Pretium hired to provide an analysis of the quantity and quality of
reserves was not using reliable methodology; (c) two of the companies
that Pretium hired to conduct these analyses did not agree on the
methodology; and (d) Pretium's estimates reported during the Class
Period were not as reliable as the Company led the market to believe.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana
Attorney General, Charles C. Foti, Jr., and other lawyers with
significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual shareholders,
you may visit www.ksfcounsel.com.
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