Choose your preferred way to stay informed of new case launches and settlement deadlines
The filed complaint alleges that Paladin Energy Ltd made materially false and/or misleading statements and/or failed to disclose that: Paladin issued an announcement on November 12, 2024, entitled "Langer Heinrich Mine update and revision of FY2025 guidance." In this announcement, Paladin said that "[a]s a result of the lower than expected production results for October, and noting the ongoing challenges and operational variability experienced to date in ramping up production at the [Langer Heinrich Mine], Paladin has determined to revise its FY2025 production guidance to 3.0 - 3.6 Mlb (previously 4.0 - 4.5 Mlb) and withdraw all other guidance in relation to FY2025." Following this news, Paladin stock fell over 24% on the same day.
In order to be eligible to join the PALAF class action lawsuit, you must have incurred a loss on shares of Paladin Energy Ltd purchased during the class period listed above.
TOP
