BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of RPM International, Inc. (“RPM” or the “Company”) (NYSE: RPM) concerning the Company and its officers’ possible violations of federal securities laws.
On September 9, 2016, the U.S. Securities Exchange Commission (“SEC”) accused the Company and its general counsel, Edward Moore, of failing to disclose a material loss contingency or record an accrual for a government investigation. The SEC alleges that from 2011 through 2013, RPM was under investigation by the U.S. Dept. of Justice, but the Company failed to disclose this investigation to its auditors or the investing public.
On this news, RPM shares fell as much as 6.6% during intraday trading on September 9, 2016.
If you purchased RPM 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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