Faruqi and Faruqui, LLP Logo
Share this page

Royal Mines and Minerals Corporation (RYMM)



Faruqi & Faruqi, LLP Launches An Investigation Against Royal Mines and Minerals Corporation (RYMM) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Royal Mines and Minerals Corp. (“Royal Mines” or the “Company”) (OTC MKT: RYMM) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval of the Company’s 2013 Stock Option Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on July 26, 2013, the Board of Directors recommends that Royal Mines shareholders vote to approve the Company’s 2013 Stock Option Plan which will make 27,800,000 shares available for issuance. The issuance of the shares could have a substantial dilutive effect on the shares of Royal Mines common stock.

If you own common stock in Royal Mines and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    Royal Mines and Minerals Corporation (RYMM)

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 07/30/2013

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.