LOS ANGELES--(EON: Enhanced Online News)--Goldberg Law PC, a national shareholder rights litigation firm, announces a class action lawsuit has been filed against Rio Tinto plc (“Rio” or the “Company”) (NYSE: RIO). Investors who purchased or otherwise acquired shares between March 16, 2012 and November 14, 2016, inclusive (the “Class Period”) are encouraged to contact the firm in advance of the February 10, 2017 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The complaint alleges that throughout the Class Period, defendants issued materially false and misleading statements to investors and/or failed to disclose that: Rio Tinto was in violation of anti-corruption laws regarding its operations in the Simandou project; that the foregoing violations would subject Rio Tinto to significant criticism and fines; and that because of the above, Rio Tinto’s public statements were materially false and misleading at all relevant times. When this information was revealed to the public, the value of Rio fell, causing investors harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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