NEW YORK, Dec. 19, 2014 /PRNewswire/ -- 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 keep track of the
latest securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
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.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde,
Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
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matter. We are happy to discuss your particular case.
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