Rosen Law Firm Investigates Eldorado Gold Corporation
In a recent announcement, the Rosen Law Firm, a worldwide leader in investor rights, confirmed its ongoing investigation into Eldorado Gold Corporation (NYSE: EGO). This inquiry revolves around potential securities claims stemming from allegations that the company may have misled investors about its business operations.
What Prompted the Investigation?
On February 5, 2025, Eldorado Gold published a significant update regarding its Skouries Project in Greece. In the press release, the company highlighted challenges regarding labor market tightness, particularly in construction roles, which had adversely affected the project's progress. The company stated that delays in ramping up the workforce would result in a later-than-anticipated production schedule, with first production now set for the first quarter of 2026, followed by commercial production expected in mid-2026.
Following this disclosure, Eldorado Gold's stock price experienced a sharp decline of 11.2% on February 6, 2025, raising investor concerns about the corporation's transparency and the reliability of its information disclosures. Such dramatic fluctuations can significantly impact shareholders and raise questions about the company's corporate governance and communication practices.
Investor Rights and Class Action Potential
Investors who acquired shares of Eldorado Gold during the relevant timeframe might be eligible for compensation without incurring any out-of-pocket expenses via a contingency fee arrangement. The Rosen Law Firm is actively working on preparing a class action lawsuit aimed at recovering losses for the affected shareholders.
To inquire about joining the class action, impacted investors are encouraged to visit the firm’s dedicated page
here or to contact Phillip Kim, Esq. at 866-767-3653.
Why Choose Rosen Law Firm?
The Rosen Law Firm is recognized globally for its commitment to protecting investor rights. With a track record of success and leadership in securities class actions, the firm has secured notable settlements, including a record-breaking settlement against a Chinese corporation. Founded by Laurence Rosen, who was named a Titan of Plaintiffs' Bar by Law360 in 2020, the firm has consistently ranked among the top legal practitioners in the area of securities litigation. Investors are encouraged to select qualified legal counsel with proven expertise, as many firms may lack the resources or experience to effectively litigate securities class actions.
The firm has recovered hundreds of millions of dollars for investors over the years, demonstrating a robust commitment to shareholder rights. In 2019 alone, they recovered over $438 million for clients.
Stay Informed
For ongoing updates, investors can follow the Rosen Law Firm on LinkedIn, Twitter, and Facebook.
Prior results do not guarantee similar outcomes, but being proactive about potential legal recourse can bolster investors' positions in recovering their losses. As this investigation unfolds, affected shareholders are urged to seek counsel and explore their options.