Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Endeavour Mining PLC (“Endeavour” or “the Company”) (OTC: EDVMF; TSX: EDV). Investors who purchased Endeavour securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/EDVMF.
Investigation Details:
On January 4, 2024, Endeavour’s Board of Directors announced the termination of Endeavour’s President and Chief Executive Officer (“CEO”), Sebastien de Montessus, following the Board’s investigation “into an irregular payment instruction issued by him in relation to an asset disposal.” The Board stated that it had become aware of a $5.9 million payment instruction in connection with a review of acquisitions and disposals and that de Montessus had been terminated for serious misconduct with “immediate effect.” On this news, Endeavour’s stock price fell $2.20 per share, or 10.14%, to close at $19.50 per share on January 4, 2024.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Endeavour securities, you can assist this investigation by visiting the firm’s site: bgandg.com/EDVMF. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240226804590/en/
Contacts
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com
