Whether you sold your warrants or held them until expiration, now you can join over 600 other Allied Nevada (Hycroft) investors waiting to receive what is rightfully theirs!
In 2015 when Allied Nevada filed for bankruptcy, shareholders received warrants under the symbol HYCTW. These warrants were later listed on the Nasdaq under the symbol HYMCZ and have since expired worthless on October 22, 2022.
What you may not know is that over the years Hycroft executives committed a myriad of torts of equitable fraud against these warrant holders in an attempt to prevent them from receiving equity in HYMC. A lawsuit has since been filed with the Court of Chancery and is now awaiting ajudication.
The legacy HYMCZ warrants will receive the value in which they deserve and you may very soon have real equity returned directly to your brokerage account in the form of securities that allow you to convert into HYMC shares. Hycroft extracted approximately 10 of your ANV shares replacing them with a single HYMCZ warrant. Therefore, it is only fair that you receive 10 HYMC shares for each HYMCZ warrant issued to you.
If you have since sold your warrants it does not prevent you from receiving new warrants as part of this lawsuit. Enter your email address below to receive the latest information about this case and please let us know why you have an interest in this case by selecting one of the five options below.
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