Barrick Slapped With Investor Lawsuit Over Troublesome Project
The Globe and Mail
August 5, 2013
Michael W. Stocker comments on lawsuit against Barrick Gold
Court documents submitted by law firm Labaton Sucharow allege that along with the concealment of information, Barrick also failed to comply with environmental standards put in place by regulators, "imperiling the survival of the entire project."
The lawsuit is among a number of similar actions launched against the Toronto-based company in recent weeks.
"The next step will be for the court to choose a lead plaintiff to prosecute the litigation against Barrick," said Michael Stocker, a lawyer with Labaton Sucharow.