What is this case about?

The Court in charge of the Action is the United States District Court for the Central District of California, and the case is known as In re Silver Wheaton Corp. Securities Litigation, Case No. 15-cv-5146-CAS-PJWx. The Action involves whether Defendants violated the federal securities laws because they allegedly made false and misleading statements to the investing public as set out in the Complaint, including allegations that Silver Wheaton’s 2010-2014 financial statements were misleading for failing to record a tax liability or to disclose a contingent liability for alleged future tax liabilities relating to income earned by the Company’s foreign subsidiaries outside of Canada. Defendants expressly deny all allegations of wrongdoing or liability whatsoever and deny that any Settlement Class Members were damaged. The Settlement resolves all of the claims in the Class Action against Defendants.

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