StockNews.AI
EXK
StockNews.AI
116 days

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Endeavour Silver Corp. - EXK

1. Pomerantz LLP investigating Endeavour Silver for potential securities fraud. 2. Investors can join a class action regarding possible unlawful practices. 3. Endeavour recently upsized a bought deal raising approximately $45 million. 4. After the announcement, Endeavour's stock dropped by 11.48%. 5. The law firm is noted for handling securities class actions.

3m saved
Insight
Article

FAQ

Why Bearish?

Endeavour's stock price decline following bad news indicates investor concern. Such fraud allegations historically lead to prolonged price weakness, as seen in other cases like Volkswagen's emissions scandal.

How important is it?

The investigation could significantly impact stock price if fraud allegations gain traction, as they undermine investor confidence.

Why Short Term?

The immediate effect of fraud allegations can trigger quick market responses, unlike prolonged corporate investigations. Historical examples show similar trends in the short-term price of affected stocks.

Related Companies

NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Endeavour and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 1, 2025, Endeavour issued a press release announcing its “decision to upsize its previously announced bought deal of common shares.” Pursuant to the deal, a syndicate of underwriters “have agreed to purchase, on a bought-deal basis, 11,600,000 Shares, at a price of US$3.88 per Share for aggregate gross proceeds of approximately US$45 million.” Following news of the upsizing, Endeavour’s stock price fell $0.49 per share, or 11.48% to close at $3.78 per share on April 1, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

Related News