The Law Offices of Frank R. Cruz announces an investigation of Endeavour Mining plc (“Endeavour” or the “Company”) (OTC: EDVMF) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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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.
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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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