San Diego, CA -- (SBWire) -- 01/11/2016 --An investigation for shareholders in BHP Billiton Limited (ADR) (NYSE:BHP) over potential securities laws violations by BHP Billiton Limited in connection certain financial statements was announced.
Investors who purchased shares of BHP Billiton Limited (ADR) (NYSE:BHP) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by BHP Billiton Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 5, 2015 the Fundão Dam in Brazil suffered a catastrophic rupture, releasing a large volume of toxic sludge into Brazil's Santarém river valley causing flooding and at least 13 deaths.. The Fundao Dam was built to accommodate the waste that results from the extraction of iron ore from the mines in the region. The dam was operated by Samarco Mineração SA, a joint venture between Vale S.A. and BHP Billiton Ltd.
On November 27, 2015, Brazilian Environment Minister Izabella Teixeira told reporters that Brazil's federal and state governments plan to sue Vale, BHP Billiton and Samarco in response to the Fundao Dam disaster.
Shares of BHP Billiton Limited (ADR) (NYSE:BHP) declined from $73.23 per share in July 2014 to as low as $22.35 per share on January 7, 2016.
Those who purchased shares of BHP Billiton Limited (ADR) (NYSE:BHP) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
BHP Billiton Limited (ADR) (NYSE:BHP) Shareholder Alert: Investigation over Possible Securities Laws Violations
An investigation for investors in BHP Billiton Limited (ADR) (NYSE:BHP) shares over potential securities laws violations by BHP Billiton Limited was announced and NYSE:BHP stockholders should contact the Shareholders Foundation.