EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Embraer S.A.
August 09 2016 - 11:25AM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of purchasers of Embraer
S.A. securities (NYSE:ERJ) from April 16, 2012 through July 28,
2016, both dates inclusive (the “Class Period”). The lawsuit seeks
to recover damages for Embraer investors under the federal
securities laws.
To join the Embraer class action, go to the firm’s website at
http://rosenlegal.com/cases-929.html or call Phillip Kim, Esq. or
Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) Embraer had paid bribes to officials in the
Dominican Republic to secure contracts for the sale of aircraft;
(2) Embraer’s President and Chief Executive Officer (“CEO”),
Defendant Frederico Pinheiro Fleury Curado (“Curado”) was aware of
the bribery scheme; (3) the foreseeable consequences of the bribery
scheme would cost Embraer hundreds of millions of dollars; and (4)
as a result, defendants’ statements about Embraer’s business,
operations, and prospects were false and misleading and/or lacked a
reasonable basis. When the true details entered the market, the
lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
October 7, 2016. A lead plaintiff is a representative party acting
on behalf of other class members in directing the litigation. If
you wish to join the litigation, go to the firm’s website at
http://rosenlegal.com/cases-929.html for more information. You may
also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160809006077/en/
Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel:
(212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
Embraer (NYSE:ERJ)
Historical Stock Chart
From Aug 2024 to Sep 2024
Embraer (NYSE:ERJ)
Historical Stock Chart
From Sep 2023 to Sep 2024