Rio hit with class action over Mozambique

Original article by Peter Ker
The Australian Financial Review – Page: 17 : 25-Oct-17

US law firm Hagens Berman has filed a class action against Rio Tinto regarding the valuation of the resources group’s coal assets in Mozambique. Several Australian law firms are also considering a class action lawsuit, while the US Securities & Exchange Commission recently launched legal action against Rio Tinto. The company is also facing class actions over corruption allegations in Guinea.

CORPORATES
RIO TINTO LIMITED – ASX RIO, HAGENS BERMAN SOBOL SHAPIRO LLP, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION, GREAT BRITAIN. SERIOUS FRAUD OFFICE, AUSTRALIAN FEDERAL POLICE

Leave a comment