EQUITY NOTICE: Rosen Law Firm Announces First Filed Class Action on behalf of Glencore plc Investors â GLNCY, GLCNF
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 firstname.lastname@example.org or email@example.com.