Denver-Based Dyer & Berens LLP Announces Upcoming Deadline in Class Action Lawsuits on Behalf of Investors Who Purchased Gold Resource Corporation Common Stock (GORO)
DENVER, CO -- (Marketwire) -- 12/05/12 -- The Denver, Colorado law firm of Dyer & Berens LLP (www.DyerBerens.com) today reminded investors of the upcoming lead plaintiff deadline in the class action lawsuits filed in the United States District Court for the District of Colorado, on behalf of investors who purchased Gold Resource Corporation (NYSE MKT: GORO) common stock between January 30, 2012 and November 8, 2012 (the "Class").
What actions may I take at this time? If you are a member of the Class (defined above) and wish to serve as a lead plaintiff, you must request appointment no later than December 24, 2012. If you would like to discuss the lawsuits, the lead plaintiff process or have any questions concerning this release, please contact Jeffrey A. Berens, Esq., at (888) 300-3362 x302, (303) 861-1764 or via email at jeff@dyerberens.com. Any member of the putative Class may request a lead plaintiff appointment through counsel of its choice or may choose to do nothing and remain an absent class member.
What are the allegations in the complaints? Gold Resource, based in Colorado Springs, Colorado, mines, mills and produces metal concentrates that contain gold, silver, copper, lead and zinc at its El Aguila mining project in Oaxaca, Mexico. The lawsuits claim, among other things, that the company was aware of production problems at El Aguila, which would ultimately have a significant impact on its financial outlook, but failed to disclose this material information to investors. Additionally, the company's production statistics were allegedly overstated during the class period and it reported sales of product that were not actually delivered to customers. Based upon the foregoing, the complaints charge Gold Resource and certain of its officers and directors with violations of the Securities Exchange Act of 1934.
About Dyer & Berens LLP. The law firm of Dyer & Berens LLP focuses on complex, class action litigation on behalf of injured investors in Colorado and throughout the nation. For more information about the firm, please go to www.DyerBerens.com.
Contact:
Jeffrey A. Berens
Dyer & Berens LLP
303 East 17th Avenue, Suite 300
Denver, CO 80203
Tel: (888) 300-3362 x302 or (303) 861-1764
Email: Email Contact
Website: www.DyerBerens.com