IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ternium S.A. & Encour...
December 04 2018 - 11:13AM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against
Ternium S.A. (“Ternium” or “the Company”) (NYSE: TX) for violations
of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.
Investors who purchased the Company's shares between May 1, 2014
and November 27, 2018, inclusive (the ''Class Period''), are
encouraged to contact the firm before January 28, 2019.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.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 made false and
misleading statements to the market. Paolo Rocca, Ternium’s
Chairman, was aware that his executives paid cash bribes to
government officials in order to speed up payments for the sale of
the Company’s Sidor business. This activity would lead Rocca to
face charges related to the graft scheme, and Ternium to face
heightened scrutiny from regulatory agencies and government
organizations. Based on these facts, the Company’s public
statements were false and materially misleading throughout the
class period. When the market learned the truth about Ternium,
investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20181204005788/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.com310-301-3335info@schallfirm.com
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