March 9, 2020 - The court preliminarily approved the settlement.

February 11, 2020 - A stipulation of settlement was filed by the parties.

April 12, 2018 - A second amended consolidated complaint was filed.

June 6, 2016 - The court denied defendants' motion to dismiss.

January 29, 2016 - A motion to dismiss the amended consolidated complaint was filed.

December 18, 2015 - An amended consolidated complaint was filed.

July 8, 2015 - An investor in shares of Silver Wheaton Corp (USA) (NYSE: SLW) filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Silver Wheaton Corp in connection with certain allegedly false and misleading statements made between March 30, 2011 and July 6, 2015.

According to the complaint the plaintiff alleges on behalf of purchasers of Silver Wheaton Corp (USA) (NYSE: SLW) common shares between March 30, 2011 and July 6, 2015, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that defendants between March 30, 2011 and July 6, 2015 issued materially false and misleading statements to investors and/or failed to disclose that Silver Wheaton Corp’s financial statements contained errors concerning income tax owed from the income generated by its foreign subsidiaries, that Silver Wheaton Corp lacked adequate internal controls over its financial reporting, and that as a result of the foregoing, Silver Wheaton Corp’s financial statements were materially false and misleading at all relevant times.

On March 22, 2012, Silver Wheaton Corp announced its results for the fourth quarter and year ended December 31, 2011. Silver Wheaton Corp reported that its annual Total Revenue rose from $423.35 million in 2010 to $730 million in 2011 and that its respective Net Income increased from $153.38 million to $550.03 million. Shares of Silver Wheaton Corp (USA) (NYSE: SLW) grew from $24.63 per share in May 2012 to as high as $40.39 per share in November 2012.

On March 21, 2013, Shares of Silver Wheaton Corp reported its 2012 operating and financial results. Silver Wheaton Corp reported that its annual Total Revenue rose from $730 million in 2011 to $849.56 million in 2012 and that its respective Net Income increased from $550.03 million to $586.04 million.

On March 18, 2015, Silver Wheaton Corp reported its fourth quarter and full year results. Silver Wheaton Corp reported that its annual Total Revenue declined from $706.47 million in 2013 to $620.18 million in 2014 and that its Net Income declined from $375.50 million in 2013 to $199.83 million in 2014.

Then on July 6, 2015, Silver Wheaton Corp announced that it has received a proposal letter dated July 6, 2015 (the Proposal ) from the Canada Revenue Agency (the CRA ) in which the CRA is proposing to reassess Silver Wheaton Corp under various rules contained in the Income Tax Act (Canada). Silver Wheaton Corp said that the Proposal outlines CRA's position that the transfer pricing provisions of the Income Tax Act (Canada) relating to income earned by its foreign subsidiaries outside of Canada should apply such that the income of Silver Wheaton Corp subject to tax in Canada should be increased for the 2005 to 2010 taxation years (the Relevant Taxation Years ) by approximately Cdn$715 million (US$567 million) and that the issuance of the Proposal does not require Silver Wheaton Corp to pay any amount to the CRA at this time. Silver Wheaton Corp. announced that its management believes that the Company has filed its tax returns and paid applicable taxes in compliance with Canadian tax law and that Silver Wheaton Corp intends to vigorously defend its tax filing positions and is now in the process of preparing its response to the Proposal.

Shares of Silver Wheaton Corp (USA) (NYSE: SLW) declined on July 7, 2015 to as low as $15.18 per share.