Glancy Prongay & Murray LLP Announces Investigation on Behalf of Ternium S.A. Investors (TX)
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Ternium S.A. (“Tenaris” or the “Company”)
(NYSE:
TX) investors concerning the Company and its officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On November 27, 2018, Bloomberg published an article alleging that Ternium’s Chairman Paolo Rocca, was indicted
for his role in a graft scheme. Specifically the article alleges that, “the judge charged Rocca after the Argentine billionaire
testified that one of his company’s executives paid an undisclosed amount of cash to government officials in monthly installments
from 2009 to 2012.” On this news, Ternium’s share price fell $1.42 per share or nearly 5% to close at $28.02 per share on November
27, 2018, thereby injuring investors.
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If you purchased Ternium, have information or 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 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 shareholders@glancylaw.com, 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.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
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