PHILADELPHIA, Jan. 10, 2024 /PRNewswire/ — Berger Montague, with offices in Canada and throughout the United States, is currently investigating potential violations of the federal securities laws on behalf of shareholders of Endeavour Mining plc (“Endeavour“) (OTC: EDVMF; TSX: EDV).
CLICK HERE TO LEARN MORE ABOUT THE INVESTIGATION
Endeavour, together with its subsidiaries, operates as a gold mining company in West Africa. The company is headquartered in London.
On January 4, 2024, Endeavour’s Board of Directors announced the termination of Endeavour’s President and Chief Executive Officer, Sébastien de Montessus, following the Board’s investigation “into an irregular payment instruction issued by him in relation to an asset disposal.” The Board had become aware of a $5.9 million payment instruction in connection with a review of acquisitions and disposals. The termination of Mr. De Montessus for serious misconduct took place with…
