IMPORTANT SHAREHOLDER NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Gerdau S.A....
June 16 2016 - 5:45PM
Business Wire
Khang & Khang LLP (the “Firm”) 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, inclusive
(the “Class Period”), are encouraged to contact the Firm prior to
the July 25, 2016, lead plaintiff motion deadline.
If you purchased shares of Gerdau during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
According to the complaint, the Company failed to disclose that
(1) the Company was engaged in a bribery scheme in collusion with
Brazil’s Board of Tax Appeals (“CARF”); and (2) Gerdau had
defrauded Brazilian tax authorities of roughly $429 million in
taxes.
If you wish to learn more about this lawsuit, or if
you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by email at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20160616006573/en/
KHANG & KHANG LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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