U.S. Class Members should go to www.USTahoeSettlement.com for important details on the U.S. Settlement, including how to submit a claim for compensation from the U.S. Settlement. Click here for more information.
Canadian Tahoe Resources Inc. Securities Settlement
Did you acquire shares of Tahoe Resources inc. between May 24, 2017 and July 5, 2017 on a Canadian stock exchange or trading platform, or any exchange or trading platform outside Canada and the United States? If so, you may be entitled to a compensation or a distribution from this settlement.
Overview
A class action settlement has been reached for US$13.5 million to resolve all claims asserted on behalf of persons who acquired Tahoe shares between May 24, 2017 and July 5, 2017 on any Canadian exchange (including the Toronto Stock Exchange) or any Canadian alternative trading system, or on any exchange or trading platform outside Canada and the United States (“Canadian Class”). You are presumed to be a Canadian Class Member if you purchased Tahoe shares during this period and your trading records have the ticker symbol “THO” for those purchases.
The Settlement has been approved by the Ontario Superior Court of Justice on October 3, 2023.
Claim Forms must be submitted by no later than January 3, 2024.
Click here to submit your claim online. It’s fast, easy and secure.
Who is eligible for compensation from the Settlements?
Pursuant to orders in the Actions, the following may be entitled to a recovery from the settlement proceeds:
All persons and entities, wherever they may reside or be domiciled, who acquired securities of Tahoe during the period from and including May 24, 2017 to and including July 5, 2017 on any Canadian exchange (including, without limitation, the Toronto Stock Exchange) or any Canadian alternative trading system, or on any exchange or trading platform outside Canada and the United States, other than certain “Excluded Persons”. You are presumed to be a Canadian Class Member if you purchased Tahoe shares during this period and your trading records have the ticker symbol “THO” for those purchases.
Click here for the list of Excluded Persons.
You must submit a Claim Form by no later than January 3, 2024 in order to be eligible for a payment.
Important Information for U.S. Class Members
U.S. Class Members should go to www.USTahoeSettlement.com for important details on the U.S. Settlement, including how to submit a claim for compensation from the U.S. Settlement.
A separate settlement (“U.S. Settlement”) has been reached concurrently in the securities class action in the United States District Court, District of Nevada (“U.S. Action”) on behalf of persons who purchased or otherwise acquired Tahoe’s common stock in the United States or on the New York Stock Exchange between April 3, 2013 and August 24, 2017, inclusive (“U.S. Class” and “U.S. Class Members”). You are presumed to be a U.S. Class Member if you purchased Tahoe common stock during this period and your trading records have the ticker symbol “TAHO” for those purchases.
If you qualify as both a U.S. Class Member and a Canadian Class Member, you must submit a claim for compensation from the settlement of the Canadian Action in respect of all purchases or acquisitions that qualify you as a Canadian Class Member, and you must separately submit a claim for compensation from the settlement of the U.S. Action in respect of all purchases or acquisitions that qualify you as a U.S. Class Member. You will only receive compensation from the settlement fund for the Canadian Settlement in respect of purchases or acquisitions that qualify you as a Canadian Class Member. Likewise, you will only receive compensation from the settlement fund for the U.S. Settlement in respect of purchases or acquisitions that qualify you as a U.S. Class Member.
For further information on the U.S. Settlement, please refer to pages 8 through 105 and pages 148 through 154 on the following document: click here.
Important Deadlines
Submit a Claim | The only way to receive compensation from the Settlements is to submit a Claim. Claim Forms must be submitted to the Claims Administrator no later than January 3, 2024. You may submit a claim online here. It’s fast, easy and secure. |
Exclude Yourself (Opt Out) | The deadline to exclude yourself from the Canadian Action expired on September 5, 2023. |
Object to the Settlements | The deadline to object to the Settlement expired on September 5, 2023. |
We recommend you take a few minutes to view the FAQ section for further details about the Settlement to fully understand your rights.