SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Marubeni Corporation - MARUY
MARUBENI CORP UNSP/ADR (MARUY)
NASDAQ:AMEX Investor Relations:
marubeni.com/ir
Company Research
Source: PR Newswire
NEW YORK, March 25, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Marubeni Corporation ("Marubeni" or the "Company") (OTCMKTS: MARUY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Marubeni and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] In November 2019, Marubeni reported a loss of 3.9 billion yen ($35.85 million) related to inappropriate recognition of loss from its U.S. agribusiness Gavilon's trade in Italy and Spain in the last business year. Then, on March 16, 2020, Reuters published an article entitled "Exclusive: Flying blind – Marubeni's Gavilon ignored Brazilian red flags." The Reuters article reported, among other issues, that "Brazilian risk controllers at Gavilon do Brasil raised red flags as early as Jun
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