LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired the securities of CEMEX, S.A.B. de C.V. (“CEMEX” or the “Company”) (NYSE: CX) between August 14, 2014 and March 13, 2018, inclusive (the “Class Period”). CEMEX investors have until May 15, 2018 to file a lead plaintiff motion.
To obtain information or actively participate in the class action, please visit CEMEX page on our website at www.glancylaw.com/case/cemex-sab-de-cv. Investors that suffered losses on their CEMEX investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to email@example.com.
The complaint filed in this class action alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Cemex executives had engaged in an unlawful bribery scheme in connection with Cemex’s business dealings in Colombia; (2) discovery of the foregoing conduct would likely subject Cemex to heightened regulatory scrutiny and potential criminal sanctions; (3) Cemex lacked adequate internal controls over financial reporting; and (4) as a result, Cemex’s public statements were materially false and misleading at all relevant times.
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If you purchased shares of CEMEX during the Class Period you may move the Court no later than May 15, 2018 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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