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SSR Mining Inc. Faces Multiple Class Action Lawsuits Over Unsafe Practices

The lawsuits allege misleading statements and unsafe mining practices at its Çöpler mine in Turkey, leading to a significant stock price drop.

  • A series of class action lawsuits have been filed against SSR Mining Inc. by various law firms, alleging misleading statements and unsafe practices at its Çöpler mine in Turkey.
  • The lawsuits cover the period between February 23, 2022, and February 27, 2024, with allegations focusing on overstated safety measures and engagement in unsafe mining practices.
  • The incidents leading to the lawsuits include a devastating landslide at the Çöpler mine on February 13, 2024, resulting in the disappearance of nine workers and the suspension of mine operations.
  • SSR Mining's stock price has significantly dropped following the incident and the subsequent suspension of its environmental permit by the Turkish government.
  • Investors have until May 17, 2024, to file lead plaintiff applications in the securities class action lawsuit against SSR Mining Inc.
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