Glancy
Prongay & Murray LLP (“GPM”) is investigating potential claims
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.
On November 27, 2015, the Brazilian government announced 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 that resulted in hundreds of injuries and at least 17 deaths.
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.
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 Lesley
Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los
Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by
email to shareholders@glancylaw.com,
or visit our website at http://www.glancylaw.com.
If you inquire by email, please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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