RPM International Inc.
|Company Name||RPM International Inc.|
On September 9, 2016, the SEC charged RPM and its general counsel with disclosure and accounting failures, including the failure to “disclose a material loss contingency, or record an accrual for, a government investigation when required to do so under governing accounting principles and securities laws.”
On this news, shares of RPM fell $3.37 per share, or 6.11%, to close at $51.75 on September 9, 2016, thereby damaging investors.
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