MolyCorp, Inc. (MCP)

(NYSE: MCP)

SUMMARY

 
 

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In MolyCorp, Inc. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Molycorp, Inc. (“Molycorp” or the “Company”) (NYSE: MCP).

The investigation focuses on whether the Company and its executives violated federal securities laws with respect to its disclosures concerning business, operational, and compliance policies.  Specifically, the investigation focuses on whether: (i) the Company’s income tax benefit was overstated for the first quarter of 2013; and (ii) Molycorp’s reported inventory was materially understated.

On August 8, 2013, the Company announced that certain financial statements should no longer be relied upon.  Following this news, the stock dropped over 9%.

Take Action

If you invested in Molycorp stock, bonds or options between August 2, 2012 and August 7, 2013 and would like to discuss your legal rights, you can contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com or fmcconville@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding Molycorp’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

 
 

Request Information

 
  Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you. If you want to be a Lead Plaintiff or join
this action now, please click HERE.
Case:MolyCorp, Inc. (MCP)
 
 
*Security code:
 
   
 
 

Contact Counsel


Richard W. Gonnello
Faruqi & Faruqi, LLP
369 Lexington Avenue 10th Floor
New York, NY 10017
Tel: (212) 983-9330
Email: 
rgonnello@faruqilaw.com

Send Information

If you have information regarding this case that you would
like to make available, please click here to contact us
about our investigation

Case Details