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 rgonnello@faruqilaw.com. 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.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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