NEW YORK, May 08, 2018 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of CEMEX, S.A.B. de C.V. (NYSE:CX) who purchased shares between August 14, 2014 and March 13, 2018. The action, which was filed in the United States District Court for the Southern District of New York, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (i) CEMEX executives had engaged in an unlawful bribery scheme in connection with the Company’s business dealings in Colombia; (ii) discovery of the foregoing conduct would likely subject the Company to heightened regulatory scrutiny and potential criminal sanctions; (iii) the Company lacked adequate internal controls over financial reporting; and (iv) as a result, CEMEX's public statements were materially false and misleading at all relevant times.
Shareholders have until May 15, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/cemex?wire=3.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com


BHP Posts Record Iron Ore Output as China Pricing Pressures Loom
Pop Mart Shares Surge in Hong Kong After First Buyback in Nearly Two Years
Netflix Stock Slips After Earnings as Soft 2026 Guidance Overshadows Subscriber Milestone
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut
Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty
Lululemon Founder Chip Wilson Escalates Proxy Fight to Remove Advent From Board
Elon Musk Says Tesla Cybercab and Optimus Production Will Start Slowly Before Rapid Growth
JPMorgan and Allen & Company Emerge as Big Winners in Warner Bros Discovery Bidding War
FAA Says It Is Not Blocking Boeing 737 MAX 7 and MAX 10 Certification
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks
FSU Criticizes ANZ Over Suncorp Bank Job Cuts Amid Post-Acquisition Commitments 



