LOS ANGELES, Sept. 07, 2018 (GLOBE NEWSWIRE) -- National securities litigation law firm Glancy Prongay & Murray LLP (“GPM”) reminds investors of the September 7,
2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased
Glencore Plc (“Glencore” or the “Company”) (OTC: GLCNF, GLNCY) securities between September 30, 2016 through July 2, 2018,
inclusive (the “Class Period”). Glencore investors have until September 7, 2018 to file a lead plaintiff
motion.
If you are a shareholder who suffered a loss, click here to participate.
Investors suffering losses on their Glencore investments are encouraged to contact Lesley Portnoy of GPM to discuss
their legal rights in this class action at 310-201-9150 or by email to shareholders@glancylaw.com.
On July 3, 2018, Glencore disclosed that it received a subpoena from the U.S. Department of Justice requesting
production documents and other records related to the Company’s compliance with the Foreign Corrupt Practices Act and United States
money laundering statutes. On this news, Glencore’s share price fell approximately 9% on July 3, 2018, thereby injuring
investors.
The complaint filed in this class action alleges that Defendants made false and/or misleading statements and/or
failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies
resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt
Practices Act; and (2) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially
false and/or misleading and/or lacked a reasonable basis at all relevant times.
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If you purchased shares of Glencore during the Class Period you may move the Court no later
than September 7, 2018 to ask the Court to appoint you as lead. To be a member of the Class you need not
take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If
you wish to learn more about this action, or if you 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 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.
Contacts
Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com
