NEW YORK, Oct. 7, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at RPM International Inc. ("RPM" or the "Company") (NYSE:RPM).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, on September 9, 2016, the U.S. Securities and Exchange Commission ("SEC") filed a complaint against the Company with allegations of accounting fraud. The complaint alleges that RPM failed to appropriately and timely disclose a loss contingency, or document an accrual for an investigation by the U.S. Department of Justice ("DOJ"). Specifically, in connection with the DOJ investigation, RPM faced a material loss that was probable and reasonably estimable. However, RPM failed to report the loss contingency or document an accrual on its books when it was required to do so. As result of the aforementioned allegations, the value of RPM stock has significantly declined.
Request more information now by clicking here: www.faruqilaw.com/RPM. There is no cost or obligation to you.
Take Action
If you invested in RPM stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/RPM. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding RPM's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
Logo - http://photos.prnewswire.com/prnh/20120119/MM38856LOGO
SOURCE Faruqi & Faruqi, LLP
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article