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Southern Copper Corp (NYSE:SCCO) Investor Investigation Announced

  • If you purchased shares of Southern Copper Corp (NYSE:SCCO) and currently hold any of those NYSE:SCCO shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Southern Copper Corporation
Security
NYSE: SCCO

Summary

June 15, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Southern Copper Corp (NYSE:SCCO) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Southern Copper.

The investigation by a law firm concerns whether certain Southern Copper officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Southern Copper Corp reported that its annual Total Revenue declined from over $6.81 billion in 2011 to over $5.78 billion in 2014 and that its Net Income fell from over $2.33 billion in 2011 to over $1.33 billion in 2014. Shares of Southern Copper Corp (NYSE:SCCO) traded in early 2013 as high as $41.26 per share.

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