NEW YORK, Oct. 15, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of S&P Global Inc. (" S&P Global" or the "Company") (NYSE: SPGI). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether S&P Global and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On October 4, the U.S. Department of Justice announced that it was expanding its probes into misconduct in the global commodities market by investigating suspected manipulation of energy pricing benchmarks published by London-based Platts, a part of S&P Global. Specifically, U.S. prosecutors are probing suspected manipulative behavior by individual traders when submitting those deal prices to Platts' price assessments for oil and other energy benchmarks.
On this news, S&P Global's stock price fell $12.51, or 2.92%, to close at $415.85 on October 4, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.