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Did You Have Rye Patch Gold Corp. Shares Acquired By Alio Gold Inc.?
A British Columbia Supreme Court has issued a determination in a class action lawsuit against Alio Gold Inc., where shareholders alleged the company made negligent and fraudulent misrepresentations regarding its 2018 gold production projections during its acquisition of Rye Patch Gold Corp. The court found in favor of Alio Gold on all common issues, determining that no misrepresentations or omissions occurred and that shareholders suffered no damages as a result of the transaction.
MLT Aikins LLP