Thieler Law Corp advises investors with losses exceeding $100,000 of the March 25, 2019 lead plaintiff deadline in a class action lawsuit filed against Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Ferroglobe PLC securities between August 21, 2018 and November 26, 2018, have until March 25, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Ferroglobe PLC securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that that there was excess supply of the Company’s products; that demand for the Company’s products was declining; that, as a result, the pricing of the Company’s products would be materially impacted; and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

On November 26, 2018, the Company revealed a net loss of $2.9 million for the third quarter of 2018, compared to a net profit of $66.0 million the prior quarter. In a press release, Ferroglobe attributed the Company's poor performance to ''market conditions in our main products [that] deteriorated through Q3.''

Following this news, NASDAQ: GSM fell $2.97 per share, more than 62%, to close at $1.80 per share on November 27, 2018.

If you were negatively impacted by your investment in Ferroglobe PLC securities between August 21, 2018 and November 26, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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