NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Graña y Montero S.A.A. (NYSE:GRAM). Our investigation concerns potential breach of fiduciary duty and securities claims.
On February 24, 2017, Hildebrandt en sus trece, a Peruvian magazine, disclosed that Graña was aware of $20 million in bribes paid to former President Alejandro Toledo by Brazilian firm Odebrecht SA. Graña worked with Odebrecht on two parts of a project to pave a road extending from the Peruvian Amazon to Brazil.
On this news, Graña shares fell $1.77 per share, or approximately 34.8%, to close at $3.32 per share on February 24, 2017.
If you purchased or otherwise acquired Graña securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Graña y Montero S.A.A., please go to www.bespc.com/gram. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.