Boland et al v. Gerdau S.A. et al
Case Number:
1:16-cv-03925
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Faruqi & Faruqi
- Kessler Topaz
- Kramer Levin
- Levi & Korsinsky
- Pomerantz LLP
- Robbins Geller
- Skadden Arps
Companies
Sectors & Industries:
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July 07, 2017
Gerdau Reaches $15M Deal To End Investors' Bribery Claims
Brazilian steel manufacturer Gerdau SA has agreed to pay $15 million to settle a proposed class of investors' allegations that the company misled them by failing to disclose its involvement in a purported bribery scheme with Brazilian tax authorities, according to documents filed in New York federal court Thursday.
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August 10, 2016
Robbins Geller Leads Brazil Steel Co. Investors' Tax Suit
A New York federal judge decided on Tuesday to put Robbins Geller at the helm of a proposed securities class action alleging tax evasion and bribery at Brazilian steel manufacturer Gerdau, which allegedly lost the firm's client $1.4 million.
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May 26, 2016
Brazilian Steel Co. Sued After $429M Tax Evasion Fallout
Brazilian steel manufacturer Gerdau was hit with a proposed shareholder class action in New York federal court on Thursday in which investors claim the company lied about and covered up a $429 million tax evasion, violating the Exchange Act and causing stocks to drop.