Kirkland Lake Gold Ltd. Class Action Lawsuit - KL

Company
Kirkland Lake Gold Ltd. (NYSE: KL)
Lead Plaintiff Deadline
August 28, 2020 (Expired)
Class Period
January 8, 2018 - November 25, 2019

Expired

Lead Plaintiff Deadline

Aug 28, 2020

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Allegations

(i) Kirkland lacked adequate internal controls over financial reporting, especially as it relates to its projections of risks, reserve grade, and all-in sustaining costs; (ii) as a result of the known, but undisclosed, impending acquisition of Detour, the Company’s projections relating to its risks, reserve grade, and all-in sustaining costs were false and misleading; (iii) the Company’s financial statements and projections were not fairly presented in conformity with International Financial Reporting Standards; (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted material facts.

Eligibility

In order to be eligible to join the KL class action lawsuit, you must have incurred a loss on shares of Kirkland Lake Gold Ltd. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Kirkland Lake Gold Ltd. during the relevant time frame or pursuant to the relevant offering(s), you have until August 28, 2020 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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