The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased CEMEX, S.A.B. de C.V. (NYSE: CX) securities between August 14, 2014 and March 13, 2018.
According to the CX lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) CEMEX executives had engaged in an unlawful bribery scheme in connection with the Companyâ€™s business dealings in Colombia; (ii) discovery of the foregoing conduct would likely subject the Company to heightened regulatory scrutiny and potential criminal sanctions; (iii) the Company lacked adequate internal controls over financial reporting; and (iv) as a result, CEMEX's public statements were materially false and misleading at all relevant times.
If you suffered a loss in CEMEX, S.A.B. de C.V. you have until May 15, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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