Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against Gerdau S.A. ("Gerdau" or the "Company") (NYSE: GGB). Investors who purchased or otherwise acquired shares between June 2, 2011 and May 15, 2016 (the “Class Period”), are encouraged to contact the firm in advance of the July 25, 2016 lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at info@goldberglawpc.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the complaint, Gerdau issued false and misleading statements to investors and/or failed to disclose that: the Company was engaged in a bribery scheme with Brazil’s Board of Tax Appeals; Gerdau defrauded Brazilian tax authorities of about $429 million; the Company’s CEO and other directors and employees engaged in bribery, money laundering, and peddling for influence; and as a result, Gerdau’s public statements were materially false and misleading throughout the Class Period.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Goldberg Law PC, Los AngelesMichael Goldberg, Esq., 800-977-7401Brian Schall, Esq., 800-977-7401info@goldberglawpc.com

Gerdau (NYSE:GGB)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Gerdau Charts.
Gerdau (NYSE:GGB)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Gerdau Charts.