April 28, 2020
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.
September 20, 2019
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.
July 11, 2019
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.
February 26, 2019
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.