Feb. 25, 2012
/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds current and former shareholders of Hecla Mining Co. ("Hecla" or the "Company") (NYSE: HL) that they have until
April 2, 2012
to move for appointment as lead plaintiff in the class action against Hecla.
The complaint against Hecla alleges that the Company and its executives violated federal securities laws by failing to disclose that: (1) Hecla safety measures at the Lucky Friday mine were inadequate and not up to MSHA standards; (2) the December closure of the Company's Lucky Friday mine would require a significant amount of time to address; and (3) the Company's positive statements regarding expected production and earnings lacked a reasonable basis for being made.
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If you purchased Hecla securities and would like to discuss your legal rights, visit
. You can also contact us by calling
toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
. Faruqi & Faruqi, LLP also encourages anyone with information regarding Hecla conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.FARUQI & FARUQI, LLP369 Lexington Avenue, 10th Floor
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Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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