Thieler Law Corp advises investors with losses exceeding $100,000 of the January 28, 2019 lead plaintiff deadline in a class action lawsuit filed against Ternium S.A. (NYSE: TX) (“Ternium” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased Ternium S.A. securities between May 1, 2014 and November 27, 2018, have until January 28, 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 Ternium S.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 Paolo Rocca, Ternium’s Chairman, knew that one of his company’s executives paid cash to government officials from 2009 to 2012 to expedite compensation payments for the sale of Ternium’s Sidor unit; this conduct would lead Rocca to be charged in a graft scheme and subject Ternium, its affiliates, and/or its executives to heightened governmental scrutiny; and as a result, Ternium’s public statements were materially false and/or misleading at all relevant times.

On November 27, 2018, Bloomberg reported that Ternium’s Chairman Paolo Rocca was indicted for his role in a graft scheme. The article stated, in relevant part, that an “Argentine judge overseeing an investigation into the so-called notebook scandal [had] indicted billionaire Paolo Rocca as part of a graft case” and that “the Argentine billionaire testified that one of his company’s executives paid an undisclosed amount of cash to government officials in monthly installments from 2009 to 2012.”

Following this news, NYSE: TX fell from $29.44 per share on November 26, 2018 to $28.02 per share on November 27, 2018.

If you were negatively impacted by your investment in Ternium S.A. securities between May 1, 2014 and November 27, 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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