Graña y Montero S.A.A.

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Case Summary
Company Name: Graña y Montero S.A.A.
Stock Symbol : NYSE: GRAM
Class Period Start: 04/30/2014
Class Period End: 02/24/2017
Lead Plaintiff motion: 04/28/2017
Date Filed: 02/27/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the Eastern District of New York
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the April 28, 2017 lead plaintiff deadline in a class action lawsuit filed against Graña y Montero S.A.A. (NYSE: GRAM) (“Graña” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased Graña y Montero S.A.A. securities between April 30, 2014 and February 24, 2017, have until April 28, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Graña y Montero S.A.A. 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 Graña was aware that its Brazilian partner Odebrecht S.A. paid bribes to former Peruvian President Alejandro Toledo to win construction work on a road traveling from Peru to Brazil; and as a result, defendants’ statements about Graña's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On February 24, 2017, an article published by Reuters, disclosed that Graña was aware of about $20 million in bribes paid to former Peruvian President Alejandro Toledo by its partner Odebrecht.

Following this news, NYSE: GRAM fell over 34% on February 24, 2017.

If you were negatively impacted by your investment in Graña y Montero S.A.A. securities between April 30, 2014 and February 24, 2017 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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