EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Hecla Mining Company – HL

Rosen Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of the securities of
Hecla Mining Company (NYSE: HL) from March 19, 2018 through May 8, 2019,
inclusive (the “Class Period”). The lawsuit seeks to recover damages for
Hecla investors under the federal securities laws.

To join the Hecla class action, go http://www.rosenlegal.com/cases-register-1583.html
or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected]
or [email protected] for
information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN
ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD
PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made
false and/or misleading statements and/or failed to disclose that: (1)
Hecla’s Nevada operations were hemorrhaging cash due to a multitude of
material problems identified by defendants during Hecla’s extensive due
diligence of the Nevada mines before the Class Period; (2) due to these
material problems, defendants had no reasonable basis for their
representations that the Nevada operations would be in a position to
have positive or self-funding cash flow; and (3) as a result, Hecla’s
public statements were materially false and misleading at all relevant
times. When the true details entered the market, the lawsuit claims that
investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than July 23, 2019. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to http://www.rosenlegal.com/cases-register-1583.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. of Rosen Law Firm toll free at
866-767-3653 or via e-mail at [email protected]
or [email protected].

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Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013. Rosen
Law Firm has secured hundreds of millions of dollars for investors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190528005673/en/