INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Embraer S.A. & Encourages Investors with Lo...

Goldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against Embraer S.A. (“Embraer” or the “Company”) (NYSE: ERJ). Investors who purchased or otherwise acquired shares between April 16, 2012 and July 28, 2016 (the “Class Period”) are encouraged to contact the Firm prior to the October 7, 2016 lead plaintiff motion deadline.

If you are an Embraer shareholder who suffered losses 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 [e-mail].

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.

The Complaint alleges that the Company made false and misleading statements and/or failed to disclose material facts, specifically: that it paid bribes to Dominican Republic officials to secure contracts for aircraft sales; that Embraer's President and CEO Frederico Curado had knowledge of the bribe; that the fallout from this misconduct would cost Embraer hundreds of millions of dollars; and as a result of the above, the Company’s statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. In June 2016, the Company stated that its CEO Frederico Curado would be stepping down. On July 29, 2016, Embraer announced a loss of $99.4 million for the quarter after setting aside $200 million in connection with a U.S. Foreign Corrupt Practices Act probe that it was negotiating with the U.S. Department of Justice since May 2015. The Company also reduced 2016 guidance for its executive jet business. When this news was announced, Embraer shares fell in value.

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/20160810005897/en/

Goldberg Law PC, Los AngelesMichael Goldberg, Esq., 800-977-7401Brian Schall, Esq., [e-mail]