NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of RPM International Inc. (NYSE: RPM) resulting from allegations that RPM may have issued materially misleading business information to the investing public.
On September 9, 2016, the U.S. Securities and Exchange Commission charged RPM and its general counsel with “failing to disclose a material loss contingency, or record an accrual for, a government investigation when required to do so under governing accounting principles and securities laws.” On this news, shares of RPM fell $3.37 per share or over 6% to close at $51.75 per share on September 9, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by RPM investors. If you purchased shares of RPM, please visit the firm’s website at http://www.rosenlegal.com/cases-1214.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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