Thieler Law Corp advises investors with losses exceeding $100,000 of the September 7, 2018 lead plaintiff deadline in a class action lawsuit filed against Glencore Plc (OTC: GLCNF, GLNCY) (“Glencore” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Glencore Plc securities between September 30, 2016 and July 2, 2018, have until September 7, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Glencore Plc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that 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 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.

On July 3, 2018, the Company revealed 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.

Following this news, Glencore’s share price fell roughly 9% on July 3, 2018.

If you were negatively impacted by your investment in Glencore Plc securities between September 30, 2016 and July 2, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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