IMPORTANT SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against Gerdau S.A. And Encourages In...

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 [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.

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/20160526006480/en/

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