Cases
Rio Tinto PLC (NYSE: RIO)
Securities Class Action
Overview
Overview
- Date:
- 12/14/2016
- Company Name:
- Rio Tinto PLC
- Stock Symbol:
- RIO
- Class Period:
- FROM 3/16/2012 TO 11/14/2016
- Status:
- Closed/Complete
- Court:
- U.S. District Court: District of Southern California
NEW YORK, December 14, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Southern District Court of New York on behalf of all persons or entities who acquired the Rio Tinto PLC (NYSE: AVID) securities between March 16, 2012 to November 14, 2016 (the “Class Period”).
According to the Complaint, during the Class Period, defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) Rio Tinto violated anti-corruption laws in the Simandou project; (2) that the foregoing violations would subject Rio Tinto to fines and criticism; and (3) that because of the forgoing, Rio Tinto’s public statements were materially false and misleading at all relevant times. When this information was disclosed to the public, the value of Rio Tinto fell, causing investors harm.
If you acquired Rio Tinto securities during the Class Period, 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 Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
According to the Complaint, during the Class Period, defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) Rio Tinto violated anti-corruption laws in the Simandou project; (2) that the foregoing violations would subject Rio Tinto to fines and criticism; and (3) that because of the forgoing, Rio Tinto’s public statements were materially false and misleading at all relevant times. When this information was disclosed to the public, the value of Rio Tinto fell, causing investors harm.
If you acquired Rio Tinto securities during the Class Period, 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 Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.