Case View


SSR Mining Inc.

Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired SSR Mining Inc. (“SSR Mining” or the “Company”) (NASDAQ: SSRM) securities between February 23, 2022 and February 27, 2024, inclusive. The lawsuit seeks to recover SSR Mining shareholders’ investment losses.

If you purchased securities in SSR Mining between February 23, 2022 and February 27, 2024, inclusive, and would like to discuss your legal rights and/or options, please click “Join Class Action” above.

According to the Complaint, Defendants failed to disclose to investors that: (1) Defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; and (2) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster.

On February 13, 2024, SSR Mining filed a current report on Form 8-K with the SEC, which stated there was a “suspension of operations at the Çöpler [Turkey] mine as a result of a large slip on the heap leach pad. This event occurred in the morning of February 13, 2024 at approximately 6:30 am EST, and all operations at Çöpler have been suspended as a result.”

On February 27, 2024, Defendants conducted their earnings call for the Fourth Quarter of 2023.  On this call, Defendant Rodney P. Antal (“Antal”) stated that “[s]ix personnel are being detained and are facing charges in relation to the [Çöpler mine] incident and we’re ensuring they receive the necessary support while respecting the Turkish legal process”. Antal did not contest that the charges were filed on legitimate grounds.

On this news, SSR Mining’s stock price declined by $0.37 per share, or 7.93%, to close at $4.29 on February 28, 2024.

If you wish to serve as lead plaintiff, you must move the Court no later than May 17, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

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Contact Information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
(212) 951-2030