NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Teck Resources Limited (“Teck” or the “Company”) (NYSE: TECK). Those investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, extension 7980.

The investigation concerns whether Teck and certain of its officers and/or directors engaged in securities fraud or other illegal business practices.

[Click here for information about joining the class action]

On August 19, 2020, the Canadian federal government announced its decision to participate in an environmental assessment of a major expansion of the Teck’s Castle coal mine in British Columbia. Canada’s Environment Minister’s office said the decision was made after analyzing the project’s potential to cause adverse impacts in areas of federal jurisdiction.

As a result of this news, Teck’s stock price fell $0.82 per share, or 6.47%, to close at $11.86 per share on August 20, 2020.

The Pomerantz law firm, with offices in New York, Chicago, Los Angeles and Paris, is one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, known as Dean of the Class Attorney’s Association, the Pomerantz firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz law firm continues the tradition he established and fights for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomerantzlaw.com.

CONTACT:
Robert S Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980