FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Turquoise Hill Resources Ltd. and Encourages Investors with Losses to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Turquoise Hill Resources Ltd. ("Turquoise Hill" or "the Company") (NYSE:TRQ) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission

Investors who purchased the Company's securities between July 17, 2018, and July 31, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before December 14, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Turquoise Hill suffered stability issues at its Oyu Tolgoi copper-gold mine in Mongolia that were far more severe than represented. The Company's estimates of the cost of completion and production schedule were impossible to achieve. The Company's purported "challenging ground conditions" made its production estimates beyond its capabilities. In fact, the Company would require additional financing to complete the project. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Turquoise Hill, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

SOURCE: The Schall Law Firm



View source version on accesswire.com:
https://www.accesswire.com/620803/FINAL-DEADLINE-TODAY-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-Turquoise-Hill-Resources-Ltd-and-Encourages-Investors-with-Losses-to-Contact-the-Firm

News Provided by ACCESSWIRE IA via QuoteMedia

The Conversation (0)
BHP's Copper and Iron Ore Assets Deliver "Strong" Results

BHP's Copper and Iron Ore Assets Deliver "Strong" Results

Commodities giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) has published an operational review for the half year of 2025, highlighting celebratory results at its copper and iron ore operations, including Australia.BHP Chief Executive Officer Mike Henry attributed the positive price environment while... Keep Reading...
Train with Australian flag containers moving on tracks under a clear sky.

South Australia's Copper Exports Reach AU$3.1 Billion in 2025

The South Australian government said its copper exports reached a record AU$3.1 billion in 2025, up 16 percent from 2024's AU$2.65 billion on the back of strength in the market. The state believes its copper prospects show no signs of slowing down. “This record $3 billion figure is more evidence... Keep Reading...
Metals One Plc

Application for EU Strategic Project Designation for Black Schist Ni-Cu-Co-Zn Project, Finland

Further to the Preliminary Economic Assessment announced on 31 January 2025, Metals One (AIM: MET1, OTCQB: MTOPF), a critical and precious metals exploration and development company, is pleased to announce it has formally applied to the EU for Strategic Project designation for the Company's... Keep Reading...
Five copper cylinders arranged by increasing height on a reflective surface.

Copper Crunch: Demand Could Surge 50 Percent as Supply Falls Short by 2040

S&P Global’s new report, Copper in the Age of AI: The Challenges of Electrification, warns that copper demand could surge 50 percent by 2040, reaching 42 million tonnes as the global push for electrification accelerates. Supply, however, is projected to fall short, creating a 10 million tonne... Keep Reading...
Nine Mile Metals Announces Upsizing of LIFE Offering

Nine Mile Metals Announces Upsizing of LIFE Offering

Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) ("Nine Mile" or the "Company") is pleased to announce that, due to strong investor demand, it has upsized the listed issuer financing exemption offering previously announced on January 5, 2026 (the "Offering") from gross... Keep Reading...
Raptor Resources

Raptor Resources

An Exploration & Development Company with Copper Resources + Base Metals Offering Significant Potential in Critical Metals Keep Reading...

Interactive Chart

Latest Press Releases

Related News