Harwood Feffer LLP Announces Investigation of Resolute Forest Products, Inc.

NEW YORK, Oct. 21, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) announces an investigation concerning whether directors and officers of Resolute Forest Products, Inc. ("RFP" or the "Company") (NYSE: RFP) violated federal securities laws by issuing materially false and misleading information to the public.

On October 15, 2015, RFP announced that the Department of Commerce had determined a final subsidy rate in its countervailing duty investigation of the Company concerning imports of supercalendared paper from Canada.  The final rate was 17.87%--a 15.83 point increase from Commerce's 2.04% preliminary rate released on July 29, 2015.  Commerce imposed a higher rate based on "adverse facts available" and because the Company "did not fully cooperate with the investigation." 

On this news, the Company's stock price dropped more than 5% to close at $9.66 on October 16, 2015, thereby damaging the Company's shareholders.

If you are a shareholder and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Peter W. Overs, Jr, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: povers@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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