INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Gerdau S.A. & Encourages Investors with Los...
28 May 2016 - 9:17AM
Business Wire
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, 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.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
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/20160527005876/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.com
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