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.