We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Investors Sue Glencore Over FCPA Probe, Stock Drop

Law360 (July 11, 2018, 10:57 PM EDT) -- Glencore PLC was hit with a putative stock-drop class action in New York federal court Wednesday, just days after getting hit with a similar suit in New Jersey federal court, from investors seeking to recoup losses following announcements that the United Kingdom and the United States are investigating the Swiss company’s overseas dealings.

Both suits seek to represent investors who bought Glencore stock between September 2016 — when the complaints say that Bloomberg wrote an article claiming the commodity trader was reviewing claims of bribery for...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

CHURCH VI v. GLENCORE PLC et al


Case Number

2:18-cv-11477

Court

New Jersey

Nature of Suit

850(Securities/Commodities)

Date Filed

July 9, 2018


Case Title

Robison v. Glencore plc et al


Case Number

1:18-cv-06286

Court

New York Southern

Nature of Suit

850(Securities/Commodities)

Date Filed

July 11, 2018

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.