BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Endeavour Mining plc (“Endeavour” or the “Company”) (OTC: EDVMF) investors concerning the Company’s possible violations of federal securities laws.
On January 4, 2024, Endeavour announced that its President and Chief Executive Officer, Sébastien de Montessus, had been terminated “for serious misconduct,” following an investigation into a $5.9 million “irregular payment instruction issued by [de Montessus] in relation to an asset disposal undertaken by the Company.”
On this news, Endeavour’s stock price fell $2.20, or 10.1%, to close at $19.50 per share on January 4, 2024, thereby injuring investors.
If you purchased Endeavour securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
