Juan
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Paramount
Gold and Silver Corp. (“Paramount” or the “Company”) (NYSE MKT: PZG) for
potential breaches of fiduciary duties in connection with the sale of
the Company to Coeur Mining, Inc. for approximately $140 million. The
Company’s stockholders will receive 0.2016 Coeur shares for each share
of Paramount common stock they own. Additionally, Paramount stockholders
will receive a pro rata share of the 95.1% of SpinCo shares to be
distributed to Paramount stockholders.
Click here for more information: www.faruqilaw.com/PZG.
There is no cost or obligation to you.
The investigation focuses on whether Paramount’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by failing
to conduct a fair sales process and whether and by how much this
proposed transaction undervalues the Company to the detriment of
Paramount’s shareholders.
Faruqi
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients. To
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If you own common stock in Paramount and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/PZG
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
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Copyright Business Wire 2015