Cases
Graña y Montero S.A.A. (NYSE: GRAM)
Securities Class Action
Overview
Overview
- Date:
- 2/27/2016
- Company Name:
- Graña y Montero S.A.A.
- Stock Symbol:
- GRAM
- Status:
- Closed/Complete
NEW YORK, February 27, 2016 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Graña y Montero S.A.A. (NYSE: GRAM). Our investigation concerns potential breach of fiduciary duty and securities claims.
On February 24, 2017, Hildebrandt en sus trece, a Peruvian magazine, disclosed that Graña was aware of $20 million in bribes paid to former President Alejandro Toledo by Brazilian firm Odebrecht SA. Graña worked with Odebrecht on two parts of a project to pave a road extending from the Peruvian Amazon to Brazil.
On this news, Graña shares fell $1.77 per share, or approximately 34.8%, to close at $3.32 per share on February 24, 2017.
If you acquired Graña securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On February 24, 2017, Hildebrandt en sus trece, a Peruvian magazine, disclosed that Graña was aware of $20 million in bribes paid to former President Alejandro Toledo by Brazilian firm Odebrecht SA. Graña worked with Odebrecht on two parts of a project to pave a road extending from the Peruvian Amazon to Brazil.
On this news, Graña shares fell $1.77 per share, or approximately 34.8%, to close at $3.32 per share on February 24, 2017.
If you acquired Graña securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.