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Stocks in play: Turquoise Hill Resources Ltd.

Baystreet.ca
·1 min read

Is the target of a class action lawsuit, along with Rio Tinto plc, Rio Tinto Limited, Rio Tinto subsidiary Rio Tinto International Holdings Limited, and certain of their officers. The class action, filed in United States District Court for the Southern District of New York , and docketed under 20-cv-10198, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Turquoise Hill securities from July 17, 2018 to July 31, 2019 , inclusive, and who were damaged thereby, subject to certain exclusions. Plaintiff seeks to recover compensable damages on behalf of Plaintiff and the Class caused by Defendants' violations of the federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b -5 promulgated thereunder. Turquoise Hill Resources Ltd. shares T.TRQ are trading unchanged at $13.70.

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