Glencore facing civil action in the UK

Glencore is now fair game to civil class action lawsuits around the world. After at least two class actions suits were filed in the US alleging securities fraud now one law firm in the UK said “We are of the view that Glencore shareholders may be entitled to bring claims in England under the terms of the Financial Services and Markets Act 2000 in order to seek compensation for losses caused by Glencore’s alleged untrue or misleading statements and/or failures to disclose relevant information to the market.”

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