A man walks from the reception area at the Glencore Plc headquarters in Baar, Switzerland, on Wednesday, Sept. 30, 2015. Photographer: Alessandro Della Bella/Bloomberg
Locked
Glencore faces flood of UK litigation following bribery charges
Glencore faces a raft of class-action style lawsuits in the UK, months after it pleaded guilty to market manipulation and bribery.
By Katharine Gemmell and Jack Farchy
(Bloomberg) – Glencore Plc faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery.
Mubadala Investment Company and International Petroleum Investment Company are among over a dozen funds who filed claims at a London court against Glencore and a group of its executives in recent weeks, according to court records.
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