Thieler Law Corp Announces Investigation of Rio Tinto plc

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Rio Tinto plc (NYSE: RIO) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Rio Tinto plc (NYSE: RIO) concerning whether a series of statements by Rio Tinto plc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 9, 2016, Rio Tinto revealed that on August 29, 2016, it “became aware of email correspondence from 2011 relating to contractual payments totaling US$10.5 million made to a consultant providing advisory services on the Simandou project in Guinea.” Rio Tinto initiated an investigation led by external counsel, contacted U.K. and U.S. authorities, and suspended its Energy and Minerals chief executive Alan Davies. Also, the Company's Legal and Regulatory Affairs group executive Debra Valentine stepped down from her role.

On November 15, 2016, an article was published claiming that external counsel for the Company learned about these emails roughly one year ago, and had reported the emails to Debra Valentine.

Following this news, NYSE: RIO dropped in value.

Based in London, the United Kingdom, and founded in 1873 Rio Tinto plc is a mining and metals company, finding, mining, and processing mineral resources.

If you purchased shares of Rio Tinto plc (NYSE: RIO) on or before November 9, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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