Equity alert: rosen law firm announces investigation of securities
claims against bhp billiton limited
New york--(business wire)--rosen law firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of bhp billiton limited (nyse: bhp) resulting from allegations that bhp billiton may have issued materially misleading business information to the investing public. on november 27, 2015, the brazilian government issued a statement indicating it would sue bhp billiton, its brazilian partner vale sa (nyse: vale) and their joint venture samarco mineraÇÃo sa in response to a catastrophic dam failure earlier that month. on february 23, 2016, bloomberg business reported that brazilian police are seeking a court order to arrest six mineraÇÃo sa executives for alleged negligence in the november 2015 dam failure that killed at least 17 people. on this news, shares of bhp billiton fell sharply during intraday trading on february 24, 2016. rosen law firm is preparing a class action lawsuit to recover losses suffered by bhp billiton investors. if you purchased shares of bhp billiton on or before february 23, 2016, please visit the firm’s website at http://rosenlegal.com/cases-842.html for more information. you may also contact phillip kim, esq. or kevin chan, esq. of rosen law firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com. rosen law firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. attorney advertising. prior results do not guarantee a similar outcome.
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