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Class Action Cases

A class action has been filed on behalf of Hecla Mining Company Investors. Click "Join this Class Action" above.

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Hecla Mining Company

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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares 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.

If you bought Hecla securities between March 19, 2018 and May 8, 2019 and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Hecla Mining Company – HL

New York, N.Y., June 3, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares 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 to http://zhanginvestorlaw.com/cases/hecla-mining-company/ or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com 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.

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://zhanginvestorlaw.com/cases/hecla-mining-company/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.
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