NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) — Faruqi & Faruqi, LLP, a number one nationwide securities regulation agency, is investigating potential claims in opposition to SSR Mining (NASDAQ:) Inc. (SSR Mining or the Company) (NASDAQ: SSRM) and reminds traders of the May 17, 2024 deadline to hunt the function of lead plaintiff in a federal securities class motion that has been filed in opposition to the Company.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In SSR Mining To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $75,000 investing in SSR Mining inventory or choices between February 23, 2022 and February 27, 2024 and wish to talk about your authorized rights, name Faruqi & Faruqi associate Josh Wilson straight at 877-247-4292 or 212-983-9330 (Ext. 1310). You may additionally click on right here for added info: www.faruqilaw.com/SSRM.

Faruqi & Faruqi is a number one nationwide securities regulation agency with workplaces in New York, Pennsylvania, California and Georgia. The agency has recovered a whole lot of hundreds of thousands of {dollars} for traders since its founding in 1995. See www.faruqilaw.com.

As detailed under, the grievance alleges that the Company and its executives violated federal securities legal guidelines by making false and/or deceptive statements and/or failing to reveal that: (1) Defendants materially overstated SSR Mining’s dedication to security and the efficacy of its security measures; (2) SSR Mining engaged in unsafe mining practices which had been moderately more likely to end in a mining catastrophe; and (3) because of this, defendants’ statements about its enterprise, operations, and prospects, had been materially false and deceptive and/or lacked an affordable foundation always. When the true particulars entered the market, the lawsuit claims that traders suffered damages.

On February 13, 2024, earlier than the market opened, SSR Mining filed a present report on Form 8-Okay with the SEC, which acknowledged there was a suspension of operations on the Çöpler mine because of a big slip on the heap leach pad. This occasion occurred within the morning of February 13, 2024 at roughly 6:30 am EST, and all operations at Çöpler have been suspended because of this.

Also on February 13, 2024, throughout market hours, Reuters revealed an article entitled SSR Mining halts gold manufacturing in Turkey after landslide, shares tank. This article acknowledged, in pertinent half, that SSR Mining had suspended manufacturing at a mine in japanese Turkey after a landslide, which left at the least 9 miners lacking[.]

On this information, SSR Mining’s inventory fell $5.22 per share, or 53.7%, to shut at $4.50 per share on February 13, 2024.

The court-appointed lead plaintiff is the investor with the most important monetary curiosity within the reduction sought by the category who’s satisfactory and typical of sophistication members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class might transfer the Court to function lead plaintiff via counsel of their alternative, or might select to do nothing and stay an absent class member. Your skill to share in any restoration isn’t affected by the choice to function a lead plaintiff or not.    

Faruqi & Faruqi, LLP additionally encourages anybody with info concerning SSR Mining’s conduct to contact the agency, together with whistleblowers, former workers, shareholders and others.

To study extra concerning the SSR Mining class motion, go to www.faruqilaw.com/SSRM or name Faruqi & Faruqi associate Josh Wilson straight at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Attorney Advertising. The regulation agency accountable for this commercial is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior outcomes don’t assure or predict an identical consequence with respect to any future matter. We welcome the chance to debate your explicit case. All communications can be handled in a confidential method.

A photograph accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/5e848124-9c14-4bab-ba13-256ecec0c433

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