Friday, May 26, 2017

School District Attorney : BEWARE - Tremco Roofing Lawsuit

ALL School District Attorneys should know this, and advise your district accordingly.

I will apologize to my readers in advance, because this is extraordinarily tedious.  I think I became officially blind reading it myself.

NOTE; Retired 2003, do not solicit nor accept compensation or personal advancement of any kind.

RPM International is Tremco, the "We handle it all" people, and Boy, do they.

Below, you will find the complaint, but since it's so lengthy, can be accessed by interested parties by copy and pasting the following link:


http://www.howardsmithlaw.com/Complaints/RPM_Complaint.pdf

UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF OHIO
Plaintiff, Individually and On Behalf of All
Others Similarly Situated,
Plaintiff,
v.
RPM INTERNATIONAL INC.,
, and ,
Defendants.
Case No.: DRAFT
CLASS ACTION COMPLAINT FOR
VIOLATIONS OF THE FEDERAL
SECURITIES LAWS
JURY TRIAL DEMANDED


CLASS ACTION COMPLAINT
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF OHIO
Plaintiff, Individually and On Behalf of All
Others Similarly Situated,
Plaintiff,
v.
RPM INTERNATIONAL INC.,
, and ,
Defendants.
Case No.: DRAFT
CLASS ACTION COMPLAINT FOR
VIOLATIONS OF THE FEDERAL
SECURITIES LAWS
JURY TRIAL DEMANDED
CLASS ACTION COMPLAINT
1
Plaintiff (“Plaintiff”), by and through his attorneys, alleges the following upon
information and belief, except as to those allegations concerning Plaintiff, which are alleged
upon personal knowledge. Plaintiff’s information and belief is based upon, among other things,
his counsel’s investigation, which includes without limitation: (a) review and analysis of
regulatory filings made by RPM INTERNATIONAL INC. (“RPM” or the “Company”), with the
United States (“U.S.”) Securities and Exchange Commission (“SEC”); (b) review and analysis of
press releases and media reports issued by and disseminated by RPM; and (c) review of other
publicly available information concerning RPM.


NATURE OF THE ACTION AND OVERVIEW
1. This is a class action on behalf of persons and entities that acquired RPM
securities between July 26, 2012, and September 8, 2016, inclusive (the “Class Period”), seeking
to pursue remedies under the Securities Exchange Act of 1934 (the “Exchange Act”).

2. RPM, through its subsidiaries, markets and sells specialty coatings, sealants,
building materials and related services across three segments. RPM’s industrial products include
roofing systems, sealants, corrosion control coatings, flooring coatings and other construction
chemicals. RPM’s consumer products are used by professionals and do-it-yourselfers for home
maintenance and improvement and by hobbyists. RPM’s specialty products include industrial
cleaners, colorants, exterior finishes, specialty OEM coatings, edible coatings, restoration
services equipment and specialty glazes for the pharmaceutical and food industries.

3. One of RPM’s wholly-owned subsidiaries is Tremco, a company that provides
roofing materials and services.

4. In July 2010, a former Tremco employee filed a qui tam complaint under the FCA
(the “FCA complaint”) in federal court against RPM and Tremco. The FCA complaint alleged
CLASS ACTION COMPLAINT that Tremco overcharged the government under certain government contracts by, among otherthings, failing to provide required price discounts. The FCA complaint was filed under seal and provided to the U.S. Department of Justice (“DOJ”) so that DOJ could investigate the allegations and decide whether to intervene in the lawsuit (the “DOJ investigation”).....................................................................


I would suggest any School District Attorney involved in the Public Procurement of Roofing, save it as reference.  You may also type "Tremco" in the upper Left search box, for additional data.

Please refer to the link, and full document as I don't want to cherry pick, or be accused of it.

Again:

http://www.howardsmithlaw.com/Complaints/RPM_Complaint.pdf
---------------------------------------------------------------------------------------------------------

Every School District Attorney Should know this.  I will help any Attorney who asks for help.

RobertRSolomon@aol.com

There are many ways to receive both "Serviceability, and Value"for your district, but a Purchasing Cooperative, Tremco, and Garland, are NOT among them.

I know this post has been BRUTAL on my readers, but perhaps you School District Attorneys are more suitable to "decode"?

The roofing discipline, and taxpayers deserve better than me, but I'm what you have until someone wants to take my place.

I approach my work as a civic responsibility, and without malice.  "People" don't stress me, but "Predatory Sales Models' do.  

Honor, and respect to my friend RS, and those like him, on Memorial Day.  I will also lower my head in both humility, and deep respect for "Brother Jake".  May God bless you all.

NOTE; Retired 2003, do not solicit nor accept compensation or personal advancement of any kind.

Reject negativity in all forms, and always remember to keep looking "UP" (for CA).




Much Respect.

Ron

Robert R. "Ron" Solomon
Public Procurement Analyst
Florida Certification 
CCC 1325620





Garland and U. S. Communities busted AGAIN in school roofing scam.

Friends: This is a follow up to the original Minnesota State Auditor's report.   Garland AGAIN!!   http://procurement-refor...