San Diego, CA -- (SBWIRE) -- 11/10/2022 -- The Shareholders Foundation announced an update in the lawsuit filed for certain investors in shares of Gatos Silver, Inc. (NYSE: GATO),

If you purchased shares of Gatos Silver, Inc. (NYSE: GATO), you have certain options and for certain investors are short and strict deadlines running. Deadline: April 25, 2022. NYSE: GATO investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On February 22, 2022, a lawsuit was filed by an investor in Gatos Silver, Inc. (NYSE: GATO) alleged violations of Federal Securities Laws. in connection with certain allegedly false and misleading statements made in connection with the Company's initial public offering (the "IPO" or "Offering") conducted on or about October 28, 2020 and between October 28, 2020 and January 25, 2022. The plaintiff claimed that the defendants failed to disclose to investors that the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors, that, among other things, the mineral reserves had been overestimated by as much as 50%, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 15, 2022, an amended complaint was filed.

Those who purchased shares of Gatos Silver, Inc. (NYSE: GATO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.