NEW YORK, NY / ACCESSWIRE / October 16, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Resolute Forest Product Inc. ("Resolute" or the "Company") (NYSE: RFP). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Resolute Industries and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On July 29, 2015, the U.S. Department of Commerce calculated a preliminary subsidy rate of 2.04% for Resolute with respect to imports of supercalendered paper from Canada. Then, October 15, 2015, Resolute announced that Commerce, after concluding a countervailing duty investigation, had determined a final subsidy rate of 17.87% for Resolute. Commerce stated that the increased subsidy rate is based on the application of "adverse facts available," saying the company "did not fully cooperate with the investigation." On October 16, 2015, Resolute responded to Commerce's determination, announcing an intent to "strongly defend" its position.

Resolute's stock has fallen as much as $0.63, or 6.2%, during intraday trading on October 16, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, 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, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm 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.pomerantzlaw.com.

SOURCE: Pomerantz LLP