Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 
World game at war: why some European nations have threatened a World Cup boycott 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Colgate-Palmolive Reaffirms 2026 Sales Outlook Despite Weak North America Demand 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Japan Earthquake Disrupts Auto and Chip Supply Chains 
OpenAI Revenue Surges After GPT-5.6 Launch as IPO Expectations Grow 
Tesla Weighs China Business Separation Amid SpaceX Merger Speculation 
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
Starbucks Stock Jumps as Q3 Earnings Beat, Sales Growth Drives Higher 2026 Outlook 
Russia Charges Telegram Founder Pavel Durov With Facilitating Terrorism, Seeks International Arrest 
Qualcomm Stock Falls as Weak Q4 Forecast, Apple Revenue Decline Overshadow AI Data Center Growth 
Amazon Q2 Earnings Beat Estimates as AWS AI Growth Surges, But Q3 Revenue Forecast Disappoints 
Same sparkle, different story: how lab-grown diamonds are transforming the market 
Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer 
Arm Holdings Q1 Earnings Beat Estimates, Strong Q2 Outlook Fails to Lift ARM Stock 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
SAN FRANCISCO, May 02, 2018 -- Hagens Berman Sobol Shapiro LLP reminds investors in Cemex, S.A.B. de C.V. (NYSE:CX) of the May 15, 2018 Lead Plaintiff deadline in the pending securities class action. If you purchased or otherwise acquired securities of Cemex between August 14, 2014 and March 13, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/CX
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing
Defendants disclosed on September 23, 2016 that Cemex dismissed two senior executives after an internal probe found that payments worth $20 million relating to a land deal in Columbia violated company protocols. The chief executive of Cemex’s subsidiary (Cemex Latam Holdings) resigned over the matter. This news drove the price of Cemex American Depositary Receipts down $0.17, or about 2.3%, to close at $7.26 on September 26, 2016.
Defendants disclosed on December 9, 2016 that Cemex received a subpoena from the SEC seeking information about irregular payments made at the Company’s Columbia unit.
More recently, on March 14, 2018, The Wall Street Journal reported the U.S. Department of Justice is investigating whether Cemex violated federal bribery laws. This news drove the price of Cemex ADRs down $0.12, or about 1.6%, to close at $7.21 on March 14, 2018.
“We’re focused on investors’ losses, the apparent accounting irregularities, and the details known to Cemex’s senior executives,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Cemex should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 70+ attorneys in 11 offices across the country. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000
