July 9, 2020 - The court denied the plaintiffs motion to amend the complaint. The case was dismissed.

February 27, 2020 - The court granted the defendants' motion to dismiss. The plaintiffs were given leave to amend the complaint.

August 27, 2019 - A motion to dismiss the consolidated amended complaint was filed.

June 21, 2019 - A consolidated amended complaint was filed.

September 7, 2018 - An investor who purchased shares of Pretium Resources Inc. (NYSE: PVG) filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Pretium Resources Inc. in connection with certain allegedly false and misleading statements made between July 21, 2016 and September 6, 2018.

Canada based Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas.

According to a report by Viceroy Research the Company’s reserves are far smaller than projected to investors, and the Company’s mining consultants have resigned due to the discrepancies between the actual reserves and stated reserves.
Shares of Pretium Resources Inc. (NYSE: PVG) declined from $$9.45 per share in August 2018 to as low as $6.53 per share on September 7, 2018.

According to the complaint the plaintiff alleges on behalf of purchasers of Pretium Resources Inc. (NYSE: PVG) common shares between July 21, 2016 and September 6, 2018, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between July 21, 2016 and September 6, 2018, the defendants failed to disclose to investors that the Brucejack Project is not a high-grade, high-output mine, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.