Pending Case

Hecla Mining Co.

NYSE: HL

Hecla Mining Co. Shareholder Litigation: Block & Leviton LLP Encourages Shareholders To Contact The Firm

Contact us to learn more about this lawsuit.

Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, announces that a securities fraud class action has been filed against Hecla Mining Co. (NYSE: HL), and certain of its officers. Shareholders who lost money on their investments are encouraged to contact Block & Leviton LLP to learn more.

The lawsuit alleges that Hecla and certain executives began making false statements about the company’s ability to self-fund their Nevada operations on March 19, 2018, despite knowing at the time of serious problems with those operations which had the company “hemorrhaging cash” due to “serious problems” in Nevada.

When the truth became known on May 8, 2019, Hecla’s stock price fell $0.48 per share, or 23.5%, over the following two trading days to close at $1.56 per share on May 10, 2019.

If you purchased Hecla shares between March 19, 2018 and May 8, 2019, and want to become involved in the litigation or have questions about your legal rights, you are encouraged to contact Block & Leviton LLP at (617) 398-5660, by email at info@blockesq.com, or by visiting https://shareholder.law/hecla.

As a member of the class, you may seek to file a motion to serve as a lead plaintiff or take no action and remain an absent class member. If you wish to serve as a lead plaintiff, you must move the Court no later than July 23, 2019.

The complaint in this case was filed in the United States District Court, Southern District of New York, and is captioned Batter v. Hecla Mining Company, et al., No. 19-cv-04883.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

Contact us to learn more about this lawsuit.

Block & Leviton LLP
155 Federal Street, Suite 400
Boston, MA 02110
  • Mon 9am - 6pm
  • Tues 9am - 6pm
  • Wed 9am - 6pm
  • Thurs 9am - 6pm
  • Fri 9am - 6pm
  • Sat Closed
  • Sun Closed
Powered by RooSites