Victoria Gold ($VGCX) CAD $925K Investor Settlement

$925,000

Cash Settlement

VLC-S-S-214561

Case number

07/01/2020

Class period Start

11/12/2020

Class period End

10/31/2024

Claim deadline

Victoria Gold ($VGCX) has agreed to settle CAD $925,000 with investors to resolve claims that it misled shareholders about operations, production levels, and costs at its Eagle Gold Mine, which investors allege led to significant financial losses.

Case Type

Canadian Securities Class Action

Case Status

Distribution Started

Alleged Offence

Misleading Statements,

Financial Misrepresentation,

Failure to Disclose

Suspected Party

Management

Security Type

Stocks

Trade Direction

Long

Plaintiffs

Caliban Investment LP

Attorneys

KND Complex Litigation

Defendants

John McConnell ; T. Sean Harvey ; Michael McInnis ; Sean Roosen ; Marty Rendall

Trades matching type

FIFO