KL Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Kirkland Lake Gold Ltd. and Encourages Investors to Contact the Firm

NEW YORK, NY / ACCESSWIRE / June 29, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kirkland Lake Gold Ltd. ("Kirkland" or "the Company") (NYSE:KL). Investors who purchased Kirkland securities between January 8, 2018 and November 25, 2019, both dates inclusive (the "Class Period"), are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/kl.

The investigation concerns whether Kirkland and certain of its officers and/or directors have violated federal securities laws.

Throughout the Class Period, Defendants made materially false and/or misleading statements, and failed to disclose that: (1) Kirkland lacked adequate internal controls over financial reporting, especially as it relates to its projections of risks, reserve grade, and all-in sustaining costs; (2) as a result of the known, but undisclosed, impending acquisition of Detour, the Company's projections relating to its risks, reserve grade, and all-in sustaining costs were false and misleading; (3) the Company's financial statements and projections were not fairly presented in conformity with International Financial Reporting Standards ("IFRS"); (4) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company's business, operations, and prospects and/or lacked a reasonable basis and omitted material facts.

If you are aware of any facts relating to this investigation or purchased Kirkland shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/kl. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein | Yael Hurwitz

212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC

ReleaseID: 595634