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RPM International Inc.

Company NameRPM International Inc.
Stock SymbolSHOPS

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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