May 15 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit Against CEMEX, S.A.B. de C.V. (CX)

May 14, 2018

LOS ANGELES--(BUSINESS WIRE)--May 14, 2018--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the  May 15, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased CEMEX, S.A.B. de C.V. (“CEMEX” or the “Company”) (NYSE: CX ) securities between August 14, 2014 and March 13, 2018, inclusive (the “Class Period”).

To obtain information or actively participate in the class action, please visit the CEMEX page on our website at www.glancylaw.com/case/cemex-sab-de-cv.

Investors suffering losses on their CEMEX investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to shareholders@glancylaw.com.

The complaint filed in this class action alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) CEMEX executives had engaged in an unlawful bribery scheme in connection with CEMEX’s business dealings in Colombia; (2) discovery of the foregoing conduct would likely subject CEMEX to heightened regulatory scrutiny and potential criminal sanctions; (3) CEMEX lacked adequate internal controls over financial reporting; and (4) as a result, CEMEX’s public statements were materially false and misleading at all relevant times.

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If you purchased shares CEMEX during the Class Period you may move the Court no later than May 15, 2018 to ask the Court to appoint you as lead. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180514006259/en/

CONTACT: Glancy Prongay & Murray LLP, Los Angeles

Lesley Portnoy, 310-201-9150 or 888-773-9224





SOURCE: Glancy Prongay & Murray LLP

Copyright Business Wire 2018.

PUB: 05/14/2018 03:12 PM/DISC: 05/14/2018 03:12 PM


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