Levi & Korsinsky announces the filing of a class action lawsuit in the United States District Court for the Central District of California on behalf of Silver Wheaton Corp. (NYSE: SLW) shareholders who purchased shares between March 30, 2011 and July 6, 2015.
The complaint alleges that throughout the Class Period defendant’s issued materially false and misleading statements and/or failed to disclose that: (1) Silver Wheaton’s financial statements contained errors concerning income tax owed from the income generated by its foreign subsidiaries; (2) Silver Wheaton lacked adequate internal controls over its financial reporting; and (3) as a result of the foregoing, Silver Wheaton’s financial statements were materially false and misleading at all relevant times. If you suffered a loss in Silver Wheaton you have until September 8, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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