{"id":829760,"date":"2025-03-25T17:55:22","date_gmt":"2025-03-25T21:55:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/"},"modified":"2025-03-25T17:55:22","modified_gmt":"2025-03-25T21:55:22","slug":"levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/","title":{"rendered":"Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit &#8211; PPTA"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 25, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in <b>Perpetua Resources Corp.<\/b> (&#8220;Perpetua Resources Corp.&#8221; or the &#8220;Company&#8221;) (NASDAQ: PPTA) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by <span>alleged<\/span> securities <span>fraud<\/span> between <span class=\"xn-chron\">April 17, 2024<\/span> and <span class=\"xn-chron\">February 13, 2025<\/span>. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/perpetua-resources-corp-lawsuit-submission-form?prid=138250&amp;wire=4\" rel=\"nofollow\">https:\/\/zlk.com\/pslra-1\/perpetua-resources-corp-lawsuit-submission-form?prid=138250&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>PPTA<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email <a href=\"mailto:at\u00a0jlevi@levikorsinsky.com\u00a0or\" rel=\"nofollow\">at\u00a0jlevi@levikorsinsky.com\u00a0or<\/a> by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>According to the complaint, defendants provided investors with material information concerning Perpetua&#8217;s expected initial capital expenditure for the Stibnite Gold Project. Defendants&#8217; statements included, among other things, minimization of the impact of inflation and other potential sources for increased capital expenditure costs for the project.\u00a0\u00a0 On <span class=\"xn-chron\">February 13, 2025<\/span>, Perpetua published an updated cash flow model for the Stibnite Gold Project, unveiling additional capital expenses of <span class=\"xn-money\">$952 million<\/span>, a more than 75% increase from the original figures presented to investors and well beyond the suggested 10-20% increase contemplated by defendants. The Company attributed these increased costs on inflation, indirect costs, higher mining costs, and direct decisions defendants made with respect to the project, including the choice to change the design of the electrical poles from timber to steel and the decision to &#8220;buy-and-build instead of lease the oxygen plant.&#8221;\u00a0 Following this news, the price of Perpetua&#8217;s common stock declined dramatically. From a closing market price of <span class=\"xn-money\">$11.97<\/span> per share on <span class=\"xn-chron\">February 13, 2025<\/span>, Perpetua&#8217;s stock price fell to <span class=\"xn-money\">$9.29<\/span> per share on <span class=\"xn-chron\">February 14, 2025<\/span>, a decline of about 22.39% in the span of just a single day.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in Perpetua Resources Corp. during the relevant time frame, you have until <b><span class=\"xn-chron\">May 20, 2025<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>33 Whitehall Street, 17th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10004<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4390866-2&amp;h=278594267&amp;u=https%3A%2F%2Fwww.zlk.com%2F&amp;a=www.zlk.com\" target=\"_blank\" rel=\"nofollow\">www.zlk.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49348&amp;sd=2025-03-25\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/levi--korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit--ppta-302410924.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/levi&#8211;korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit&#8211;ppta-302410924.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY49348&amp;Transmission_Id=202503251752PR_NEWS_USPR_____NY49348&amp;DateId=20250325\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , March 25, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Perpetua Resources Corp. (&#8220;Perpetua Resources Corp.&#8221; or the &#8220;Company&#8221;) (NASDAQ: PPTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by alleged securities fraud between April 17, 2024 and February 13, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/perpetua-resources-corp-lawsuit-submission-form?prid=138250&amp;wire=4 PPTA\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Perpetua&#8217;s expected initial capital expenditure for the Stibnite Gold &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit &#8211; PPTA&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-829760","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit - PPTA - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit - PPTA - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , March 25, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Perpetua Resources Corp. (&#8220;Perpetua Resources Corp.&#8221; or the &#8220;Company&#8221;) (NASDAQ: PPTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by alleged securities fraud between April 17, 2024 and February 13, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/perpetua-resources-corp-lawsuit-submission-form?prid=138250&amp;wire=4 PPTA\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Perpetua&#8217;s expected initial capital expenditure for the Stibnite Gold &hellip; Continue reading &quot;Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. 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Lawsuit - PPTA - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/","og_locale":"en_US","og_type":"article","og_title":"Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit - PPTA - Market Newsdesk","og_description":"PR Newswire NEW YORK , March 25, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Perpetua Resources Corp. (&#8220;Perpetua Resources Corp.&#8221; or the &#8220;Company&#8221;) (NASDAQ: PPTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by alleged securities fraud between April 17, 2024 and February 13, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/perpetua-resources-corp-lawsuit-submission-form?prid=138250&amp;wire=4 PPTA\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Perpetua&#8217;s expected initial capital expenditure for the Stibnite Gold &hellip; Continue reading \"Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit &#8211; PPTA\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-25T21:55:22+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-20-2025-in-perpetua-resources-corp-lawsuit-ppta\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Levi &amp; Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. 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