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Wednesday, October 23, 2013

PretiVm - and here come the lawsuits


4-traders - Holestretcher Holestretcher & Fisting announces investigation into maybe suing PretiVm Resources.

Now this has some interesting language!

Holzer Holzer & Fistel, LLC is investigating whether Pretium Resources, Inc. ("Pretium" or the "Company") (NYSE: PVG) and/or certain of its officers complied with the federal securities laws when making statements to investors. Specifically, the investigation focuses on statements issued by Pretium between January 20, 2011 and October 22, 2013 concerning the Company's Valley of Kings gold project in British Columbia. On October 22, 2013, Pretium revealed that Strathcona Mineral Services LTD, which had previously withdrawn from the project, told the Company that there were "no valid gold mineral resources" in the Valley of Kings zone contradicting previous claims by Pretium.

If you purchased Pretium common stock between January 20, 2011 and October 22, 2013 and suffered losses on that investment, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832 regarding your legal rights.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

Oh my.

Dear Holzer, Holzer and Fistel LLC:

If you're looking for clients, here's a list of 75 institutional shareholders of PVG who I'd assume must have lost at least $100M between them over the required time period. I'm sure they'll enjoy your vigourous representation of them, and would probably like to recoup at least a part of their massive losses.

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