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Case Status:    ONGOING    
On or around 05/03/2019 (Ongoing date of last review)

Filing Date: December 05, 2018

According to the Complaint, Loma Negra Compania Industrial Argentina Sociedad Anonima ("Loma Negra" or the Company) is a South American manufacturer and distributor of cement, concrete, and other building materials.

In November 2017, Defendants commenced Loma Negra’s initial public offering (“IPO”), issuing approximately 53.5 million ADS to the investing public at $19 per share, all pursuant to the Company’s Registration Statement.

The Complaint alleges that the Registration Statement contained untrue statements of material fact and omitted to state material facts both required by governing regulations and necessary to make the statements made not misleading.

On February 25, 2019, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on April 26.

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Construction - Raw Materials
Headquarters: Argentina

SECURITIES INFORMATION:

Ticker Symbol: LOMA
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 18-CV-11323
JUDGE: Hon. Louis L. Stanton
DATE FILED: 12/05/2018
CLASS PERIOD START: 11/02/2017
CLASS PERIOD END: 12/05/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Hedin Hall LLP
    1395 Brickell Ave, Suite 900, Hedin Hall LLP, FL 33131
    305.357.2107 305.200.8801 ·
  2. Kaskela Law LLC
    201 King of Prussia Road, Suite 650, Kaskela Law LLC, PA 19087
    484.258..1585. ·
  3. Pomerantz LLP (New York)
    600 Third Avenue, Pomerantz LLP (New York), NY 10016
    212.661.1100 212.661.8665 · info@pomerantzlaw.com/
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 18-CV-11323
JUDGE: Hon. Louis L. Stanton
DATE FILED: 04/26/2019
CLASS PERIOD START: 11/02/2017
CLASS PERIOD END: 05/23/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New York)
    350 Fifth Avenue, Suite 5508, The Rosen Law Firm, P.A. (New York), NY 10118
    212.686.1060 212.202.3827 · lrosen@rosenlegal.com
No Document Title Filing Date
—Related District Court Filings Data is not available