Holzer Holzer & Fistel, LLC announces that it is investigating potential breaches of fiduciary duty by certain officers and directors of Hecla Mining Company ("Hecla" or the "Company") (NYSE: HL). On February 1, 2012, a class action lawsuit was filed in the United States District Court for the District of Idaho alleging that Hecla violated the federal securities laws between October 26, 2010 and January 11, 2012 (the "Class Period"). The lawsuit alleges, among other things, that Hecla failed to disclose operational problems with its Lucky Friday silver mine. According to the lawsuit, Hecla failed to comply with safety regulations at the Lucky Friday mine during the Class Period.
Holzer Holzer & Fistel, LLC's investigation seeks to determine if the allegations contained in the class action complaint also give rise to the separate claims against the Board of Directors for breaches of fiduciary duty, which could be enforced on behalf of the Company through shareholder derivative litigation.
If you have continuously held shares since at least October 26, 2010, and plan to continue to hold at least some shares of HMA, and would like to discuss your legal rights, you may contact Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.
Contacts:
Holzer Holzer & Fistel, LLC
Michael I. Fistel, Jr., Esq.,
888-508-6832 (toll-free)
mfistel@holzerlaw.com
or
Marshall
P. Dees, Esq., 888-508-6832 (toll-free)
mdees@holzerlaw.com
