IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit Against Gerdau S.A. And Reminds Investors ...
July 11 2016 - 01:49PM
Business Wire
Lundin Law PC announces a class action lawsuit has been filed
against Gerdau S.A. ("Gerdau" or the "Company") (NYSE: GGB)
concerning possible violations of federal securities laws between
June 2, 2011 and May 15, 2016 (the “Class Period”). Investors who
purchased or otherwise acquired shares during the Class Period
should contact the Firm in advance of the July 25, 2016 lead
plaintiff motion deadline.
To participate in this class action lawsuit, click here to
participate. You can also call Brian Lundin, Esquire, of Lundin
Law PC, at 888-713-1033, or e-mail him at
brian@lundinlawpc.com.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
According to the complaint, Gerdau issued false and misleading
statements to investors and/or failed to disclose that: 1) the
Company was engaged in a bribery scheme with Brazil’s Board of Tax
Appeals; 2) Gerdau defrauded Brazilian tax authorities of about
$429 million; 3) the Company’s CEO and other directors and
employees engaged in bribery, money laundering, and peddling for
influence; and 4) as a result, Gerdau’s public statements were
materially false and misleading throughout the Class Period.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160711006242/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
Gerdau (NYSE:GGB)
Historical Stock Chart
From Feb 2024 to Mar 2024
Gerdau (NYSE:GGB)
Historical Stock Chart
From Mar 2023 to Mar 2024