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Carmona v. Loma Negra Compania Industrial Argentina Sociedad Anonima et al
Case Number:
1:18-cv-11323
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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April 28, 2020
Loma Negra Defeats Investor Suit Over $1B IPO Disclosures
A New York federal judge ruled Monday that investors in Loma Negra Corp. have fallen short in alleging the Argentine cement maker misled them about its connection to a corruption scandal and alleged anti-competitive practices prior to its $1 billion initial public offering.
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September 20, 2019
Loma Negra Says No Wrongdoing In $1B IPO Disclosures
Argentine cement maker Loma Negra told a New York federal court Thursday that shareholders' allegations that the company misled them should be tossed, as the plaintiffs haven't been able to point to any false statements in the disclosures surrounding its $1 billion initial public offering.
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July 11, 2019
Investors Fight Cement Co.'s Bid To Pause $1B IPO Suit
Investors in Loma Negra Corp. said Wednesday that the Argentine cement maker was simply forum-shopping by asking that their federal court suit over its $1 billion initial public offering be paused in favor of a state court action.
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February 26, 2019
Rosen Law Firm To Lead Cement Investors' $1B IPO Suit
A New York federal judge Monday named The Rosen Law Firm to serve as lead counsel in a proposed class action alleging a $1 billion initial public stock offering in 2017 by leading Argentina cement maker Loma Negra Corp. downplayed an ongoing corruption scandal engulfing its majority owner.