BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of BHP Billiton Limited (“BHP Billiton” or the “Company”) (NYSE: BHP) concerning the Company and its officers’ possible violations of federal securities laws. Injured investors are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights.
On November 27, 2015, the Brazilian government released a statement suggesting that it would sue BHP Billiton, its Brazilian partner Vale SA and their joint venture Samarco Mineração SA in connection to a disastrous dam failure earlier that month. On February 23, 2016, post-market, Bloomberg Business disclosed that the Brazilian authorities are obtaining a court order for the arrest of six Mineração SA executives for alleged negligence in the November 2015 dam failure that resulted in the deaths of at least 17 people.
On this news, BHP Billiton stock fell as much as $2.21 per share, or almost 10%, during intraday trading on February 24, 2016.
If you purchased BHP Billiton securities, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.
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