Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Glencore PLC Add to portfolio

LON100:GLEN, Jul 16, 10:03 UTC

Latest LON100:GLEN News

Filter your feed

Apply Filter

Yesterday


News

EQUITY NOTICE: Rosen Law Firm Announces First Filed Class Action on behalf of Glencore plc Investors – GLNCY, GLCNF

GLEN

July 15, 2018 11:00 ET | Source:The Rosen Law Firm PA. NEW YORK, July 15, 2018 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces the first filed class action on behalf of the securities of Glencore plc (OTC:GLCNF) (OTC:GLNCY) from September 30, 2016 through July 2, 2018 (the “Class Period”). The lawsuit seeks to recover damages for Glencore investors under the federal securities laws. According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; and (2) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-1373.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, July 12


News

GLENCORE PLC INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Glencore PLC

GLEN

July 12, 2018 17:12 ET | Source:Wolf Haldenstein Adler Freeman & Herz LLP. NEW YORK, July 12, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Glencore PLC (“Glencore” or the “Company”) (OTCMKTS:GLNCY) (OTCMKTS:GLNCF), on behalf of shareholders who purchased or otherwise acquired Glencore American Depositary Receipts (“ADR’s) between September 30, 2016 through July 2, 2018, both dates inclusive (the “Class Period”). You may obtain additional information concerning the action on our website, www.whafh.com. If you have incurred losses in the ADR’s of Glencore PLC, you may, no later than September 7, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Glencore PLC.

Read Full Details

Topics:
  • Business
  • Financial
News

GLENCORE LOSS NOTICE: Rosen Law Firm Reminds Glencore plc Investors of Important Deadline in First Filed Case – GLNCY, GLCNF

GLEN

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Glencore plc (OTCMKTS: GLCNF, GLNCY) from September 30, 2016 through July 2, 2018 (the “Class Period”) of the important September 7, 2018 lead plaintiff deadline in the first filed case commenced by the Rosen Law Firm. The lawsuit seeks to recover damages for Glencore investors under the federal securities laws. According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; and (2) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-1373.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

Read Full Details

Topics:
  • Business
  • Financial
News

Robbins Arroyo LLP: Glencore Plc (GLCNF) Misled Shareholders According to Class Action

GLEN

Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Glencore Plc (Other OTC: GLCNF) have filed a class action complaint against the company's officers and directors for alleged violations of the Securities Exchange Act of 1934 between September 30, 2016 and July 2, 2018. Then, on July 3, 2018, Glencore disclosed that the U.S. Department of Justice issued its subsidiary a subpoena to produce documents and other records in connection with the company's compliance with U.S. money laundering laws and the Foreign Corrupt Practices Act. Since news of Glencore's troubles began to come to light, Glencore's stock has fallen nearly 22% to close at $4.20 per share on July 3, 2018, and continues to fall. Glencore Shareholders Have Legal Options. If you would like more information about your rights and potential remedies, contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website. Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law.

Read Full Details

Topics:
  • Business
  • Financial
News

GRAPHIC-Glencore shares under cloud after U.S demands Congo documents in probe

GLEN

LONDON, July 12 (Reuters) - A U.S. demand for documents related to Glencore's assets in Democratic Republic of Congo (DRC (Shenzhen: 000530.SZ - news) ) as part of a corruption probe has rattled investors and is likely to weigh on the miner's performance until there is more clarity on the case. Glencore said it had received a subpoena from the U.S. Department of Justice dated July 2 requesting documents for its Congo business over compliance with the U.S. Foreign Corrupt Practices Act and rules against money laundering. Operations in Venezuela and Nigeria are relatively small, but Congo accounts for 26 percent of Glencore's net present value, the second biggest contributor behind Australia, according to BMO Capital Markets. After releasing news of the U.S. subpoena, Glencore announced a buyback to bolster its share price, offering a brief bounce. But its shares are now back near their one-year low.

Read Full Details

Topics:
  • Business
  • Financial
News

SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Glencore PLC (GLNCY, GLNCF) & Lead Plaintiff Deadline: September 7, 2018

GLEN

July 12, 2018 10:00 ET | Source:Bronstein, Gewirtz & Grossman, LLC. NEW YORK, July 12, 2018 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Glencore PLC (“Glencore” or the “Company”) (OTCMKTS:GLNCY), (OTCMKTS:GLNCF) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Glencore securities between September 30, 2016 through July 2, 2018, both dates inclusive (the “Class Period”). The Complaint alleges that Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; and (2) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/glncy or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Glencore you have until September 7, 2018 to request that the Court appoint you as lead plaintiff.

Read Full Details

Topics:
  • Business
  • Financial
News

Glencore faces lawsuits over U.S. subpoena, stock drop

GLEN

NEW YORK (Reuters) - Glencore Plc faces at least two lawsuits by U.S. shareholders accusing the big Anglo-Swiss mining company of having made false and misleading disclosures before it received a subpoena in a corruption probe, and its stock tumbled. The lawsuits were filed on Monday with the U.S. District Court in Newark, New Jersey, and on Wednesday after market hours with the U.S. District Court in Manhattan. They accused Glencore of concealing how its conduct would subject it to heightened regulatory scrutiny into its compliance with money laundering and bribery laws, including the U.S. Foreign Corrupt Practices Act. Glencore's U.S.-listed shares fell 9 percent on July 3 after the company disclosed having a day earlier received a Department of Justice subpoena concerning its operations in the Democratic Republic of Congo, Nigeria and Venezuela.On Wednesday, Glencore said it would cooperate with the Justice Department and had set up a board committee, including chairman and former BP Plc Chief Executive Tony Hayward, to oversee its response. Some analysts have said the subpoena might have resulted from Glencore's settling of a mining dispute in Congo with Israeli billionaire Dan Gertler, under U.S. sanctions since last year, by agreeing to pay royalties in euros.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, July 11


News

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Glencore Plc Investors

GLEN

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired the securities of Glencore Plc (“Glencore” or the “Company”) (OTCMKTS: GLCNF, GLNCY) between September 30, 2016 through July 2, 2018, inclusive (the “Class Period”). Glencore investors have until September 7, 2018 to file a lead plaintiff motion. Investors suffering losses on their Glencore investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. The complaint filed in this class action alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; and (2) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. If you purchased shares of Glencore, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

Read Full Details

Topics:
  • Business
  • Financial
News

Pomerantz Law Firm Announces the Filing of a Class Action against Glencore plc and Certain Officers – GLNCY

GLEN

The class action, filed in United States District Court, Southern District of New York, and docketed under index 18-cv-06286, is on behalf of a class consisting of investors who purchased or otherwise acquired publicly traded Glencore securities from September 30, 2016, and July 2, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. If you are a shareholder who purchased Glencore securities from September 30, 2016, to July 2, 2018, you have until September 7, 2018, to ask the Court to appoint you as Lead Plaintiff for the class. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Glencore’s conduct would foreseeably subject it to heightened scrutiny by U.S. and foreign government bodies with respect to the Company’s compliance with money laundering and bribery laws and the U.S. Foreign Corrupt Practices Act (“FCPA”); and (ii) as a result, Defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. Then, on July 3, 2018, pre-market, Glencore disclosed that the U.S. Department of Justice had issued its subsidiary Glencore Ltd a subpoena to produce documents and other records in connection with its compliance with U.S. money laundering statutes and the FCPA.

Read Full Details

Topics:
  • Business
  • Financial
News

Glencore faces lawsuits over U.S. subpoena, stock drop

GLEN TRI

NEW YORK, July 11 (Reuters) - Glencore Plc (Frankfurt: 8GC.F - news) faces at least two lawsuits by U.S. shareholders accusing the big Anglo-Swiss mining company of having made false and misleading disclosures before it received a subpoena in a corruption probe, and its stock tumbled. The lawsuits were filed on Monday with the U.S. District Court in Newark, New Jersey, and on Wednesday after market hours with the U.S. District Court in Manhattan. They accused Glencore of concealing how its conduct would subject it to heightened regulatory scrutiny into its compliance with money laundering and bribery laws, including the U.S. Foreign Corrupt Practices Act. On Wednesday, Glencore said it would cooperate with the Justice Department and had set up a board committee, including chairman and former BP Plc Chief Executive Tony Hayward, to oversee its response. Some analysts have said the subpoena might have resulted from Glencore's settling of a mining dispute in Congo with Israeli billionaire Dan Gertler, under U.S. sanctions since last year, by agreeing to pay royalties in euros.

Read Full Details

Topics:
  • Business
  • Financial