NEW YORK, Nov. 11, 2014 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Rayonier Inc. ("Rayonier" or the "Company") ( NYSE: RYN).
The investigation focuses on whether the Company and its executives violated federal securities laws by making false and misleading statements and/or failing to disclose material facts regarding its business and operations.
On November 10, 2014, Rayonier announced that it is restating financial results for the first and second quarters of 2014.
Following this news, the price of the Company's stock declined by $5.08 per share, or nearly 15%, to close on November 10, 2014 at $28.82 per share.
Request more information now by clicking here: www.faruqilaw.com/RYN. There is no cost or obligation to you.
If you invested in Rayonier stock or options prior to November 10, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/RYN. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected] Faruqi & Faruqi, LLP also encourages anyone with information regarding Rayonier's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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