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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gerdau SA | NYSE:GGB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.19 | 5.26% | 3.80 | 3.875 | 3.77 | 3.77 | 36,452,294 | 00:40:54 |
Levi & Korsinsky announces it has commenced an investigation of Gerdau S.A. (“Gerdau” or the “Company”) (NYSE:GGB) concerning possible violations of federal securities laws.
In February 2016 police raided the Gerdau offices as part of investigation into suspected tax fraud. Then on May 16, 2016, news outlets reported that Brazil’s federal police accused Gerdau of evading almost $429 million in taxes and indicted Gerdau executives, including Chief Executive Officer André Gerdau Johannpeter, on corruption-related charges including bribery, money laundering, and influence peddling. To obtain additional information about the investigation, go to:
http://zlk.9nl.com/gerdau-ggb
or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160517006674/en/
Levi & Korsinsky, LLPEduard Korsinsky, Esq., 212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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