Investigation Overview
Company
Security
OTC: PGLC
Summary
December 9, 2013 (Shareholders Foundation) - An investigation on behalf of investors in shares of Pershing Gold Corp (OTCMKTS:PGLC) was announced concerning whether certain Pershing Gold officers and directors possibly breached their fiduciary duties.
The investigation by a law firm concerns, among other things, whether certain Pershing Gold officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Pershing Gold Corp reported that its Net Loss increased from $2.02 million in 2010 to $49.10 million in 2012.
Shares of Pershing Gold Corp (OTCMKTS:PGLC) declined from $0.49 per share in March 2013 to $0.35 per share on December 9, 2013.