Americas Gold and Silver Corporation press release

CLASS ACTION UPDATE for TAL, SPWR and GATO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

2022-03-23

TSX - Toronto Stock Exchange · Silver · Lead · Copper · Antimony · Zinc · Gold · Canada

NEW YORK, NY / ACCESSWIRE / March 23, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

TAL Shareholders Click Here: https://www.zlk.com/pslra-1/tal-education-group-loss-submission-form?prid=25064&wire=1 SPWR Shareholders Click Here: https://www.zlk.com/pslra-1/sunpower-corporation-loss-submission-form?prid=25064&wire=1 GATO Shareholders Click Here: https://www.zlk.com/pslra-1/gatos-silver-inc-loss-submission-form?prid=25064&wire=1

ADDITIONAL INFORMATION BELOW

Tal Education Group (NYSE:TAL)

TAL Lawsuit on behalf of:investors who purchased April 26, 2018 - July 22, 2021 Lead Plaintiff Deadline : April 5, 2022 TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/tal-education-group-loss-submission-form?prid=25064&wire=1

According to the filed complaint, during the class period, Tal Education Group made materially false and/or misleading statements and/or failed to disclose that: (a) TAL's revenue and operational growth was the result of deceptive marketing tactics and illicit business practices that flouted Chinese laws, regulations and policies, and exposed the Company to an extreme risk that more draconian measures would be imposed on the Company; (b) TAL had engaged in misleading and fraudulent advertising practices, including the provision of false and misleading discount information designed to obfuscate the true cost of the Company's programs to its customers, the creation of fake customer reviews designed to fraudulently lure new customers to TAL programs, the misrepresentation of teacher qualifications and course qualities, and the marketing of rigged promotional events; (c) TAL had defied Chinese policies designed to alleviate the burden imposed by tutoring services on students and their families, including by imposing hefty advances and recurring debt payments on course enrollees, by offering courses designed to give affluent students unfair advantages, by holding courses outside of allowable tutoring hours, and by linking for-profit courses to government-mandated schooling; (d) as a result of the foregoing, TAL was subject to an extreme undisclosed risk of adverse enforcement actions, regulatory fines and penalties, and the imposition of new rules and regulations adverse to the Company's business and financial interests; and (e) as a result of the foregoing, TAL's historical growth was not sustainable or the result of legitimate business tactics as represented, and defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and lacked a reasonable factual basis.

SunPower Corporation (NASDAQ:SPWR)

SPWR Lawsuit on behalf of:investors who purchased August 3, 2021 - January 20, 2022 Lead Plaintiff Deadline : April 18, 2022 TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/sunpower-corporation-loss-submission-form?prid=25064&wire=1

According to the filed complaint, during the class period, SunPower Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) certain connectors used by SunPower suffered from cracking issues; (2) as a result, the Company was reasonably likely to incur costs to remediate the faulty connectors; (3) as a result of the foregoing, SunPower's financial results would be adversely impacted; and (4) 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.

Gatos Silver, Inc. (NYSE:GATO)

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive. Lead Plaintiff Deadline : April 25, 2022 TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/gatos-silver-inc-loss-submission-form?prid=25064&wire=1

According to the filed complaint, (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) 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.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff.Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Eduard Korsinsky, Esq. 55 Broadway, 10th Floor New York, NY 10006 jlevi@levikorsinsky.com Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/694333/CLASS-ACTION-UPDATE-for-TAL-SPWR-and-GATO-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders