Hudbay Minerals Inc. (HBM)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Hudbay Minerals Inc. ("Hudbay" or "the Company") (NYSE: HBM). The investigation concerns whether Hudbay and certain of its officers and/or directors have violated federal securities laws.
On October 11, 2020, Hudbay issued a press release “report[ing] that production at its 777 Mine in Flin Flon, Manitoba, has been temporarily suspended due to an incident that occurred on October 9th during routine maintenance.” Hudbay advised investors that “[a]n inspection of the damage . . . is underway and it is expected to take several weeks to fully assess the damage and the remedial work needed.” On this news, Hudbay’s stock price fell $0.29 per share, or 6.29%, to close at $4.32 per share on October 12, 2020.
If you are aware of any facts relating to this investigation, or purchased Hudbay shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.