NEW YORK, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have
commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead
plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links
provided. There is no cost or obligation to you.
Ternium S.A. (NYSE: TX)
Class Period: May 1, 2014 - November 27, 2018
Lead Plaintiff Deadline: January 28, 2019
Join the action: https://www.zlk.com/pslra-1/ternium-s-a-loss-form?wire=3
The lawsuit alleges: Ternium S.A. made materially false and/or misleading statements throughout the class period and/or failed
to disclose that: (1) Defendant Paolo Rocca, Ternium’s Chairman, knew that one of his company’s executives paid cash to government
officials from 2009 to 2012 to expedite compensation payments for the sale of Ternium’s Sidor unit; (2) this conduct would lead
Rocca to be charged in a graft scheme and subject Ternium, its affiliates, and/or its executives to heightened governmental
scrutiny; and (3) as a result, Ternium’s public statements were materially false and/or misleading at all relevant times.
On November 27, 2018, Bloomberg reported that Rocca was indicted for his role in a graft scheme. According to the article, “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. The officials were allegedly working for then-President
Cristina Fernandez de Kirchner’s administration to speed up a compensation payment from Venezuela’s Hugo Chavez for the
nationalization of Sidor, a unit that had been seized by Venezuela. Rocca’s group was compensated with $1.95 billion for the
unit.”
To learn more about the Ternium S.A. class action contact jlevi@levikorsinsky.com.
Marriott International, Inc. (NASDAQGS: MAR)
Class Period: November 9, 2016 - November 29, 2018
Lead Plaintiff Deadline: January 30, 2019
Join the action: https://www.zlk.com/pslra-1/marriott-international-inc-loss-form?wire=3
The lawsuit alleges: Marriott International, Inc. made materially false and/or misleading statements and/or failed to disclose
that: (1) Marriott’s and Starwood’s systems storing their customers’ personal data were not secure; (2) there had been unauthorized
access on Starwood’s network since 2014; (3) consequently, the personal data of approximately 500 million Starwood guests and the
sensitive personal information of approximately 327 million of those guests may have been exposed to unauthorized parties; and (4)
as a result, Marriott’s public statements were materially false and/or misleading at all relevant times.
To learn more about the Marriott International, Inc. class action contact jlevi@levikorsinsky.com.
Cheetah Mobile Inc. (NYSE: CMCM)
Class Period: April 26, 2017 - November 27, 2018
Lead Plaintiff Deadline: January 29, 2019
Join the action: https://www.zlk.com/pslra-1/cheetah-mobile-inc-loss-form?wire=3
The lawsuit alleges: Cheetah Mobile Inc. made materially false and/or misleading statements throughout the class period and/or
failed to disclose that: (1) Cheetah Mobile’s apps had undisclosed imbedded features which tracked when users downloaded new apps;
(2) Cheetah Mobile used this data to inappropriately claim credit for having caused the downloads; (3) the foregoing features, when
discovered, would foreseeably subject Cheetah Mobile’s apps to removal from the Google Play store; (4) accordingly, Cheetah
Mobile’s revenues during the relevant period were in part the product of improper conduct and thus unsustainable; and (5) as a
result, Cheetah Mobile’s public statements were materially false and misleading at all relevant times.
To learn more about the Cheetah Mobile Inc. class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys
have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of
dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
