An investigation for investors in Gold Fields Limited (NYSE: GFI) shares over potential securities laws violations by Gold Fields Limited was announced and NYSE: GFI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/04/2018 -- Gold Fields Limited is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Gold Fields Limited (NYSE: GFI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on certain statements by Gold Fields Limited (NYSE: GFI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia, and Peru. Gold Fields Limited reported that its annual Total Revenue rose from over $2.66 billion in 2016 to over $2.761 billion in 2017 and that its Net Income of $158 million in 2016 declined to a Net Loss of $18.7 million in 2017.
On August 14, 2018, Gold Fields Limited announced a restructuring at its South Deep mining operation, including cutting 1,100 jobs, or roughly 30% of its workforce.
Shares of Gold Fields Limited (NYSE: GFI) declined to $2.39 per share on August 23, 2018.
Those who purchased shares of Gold Fields Limited (NYSE: GFI) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.