Energy News / Shareholders Foundation, Inc.

Loma Negra Compañía Industrial Argentina Sociedad Anonima (NYSE:LOMA) Investor Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 12:15 PM CDT, Thu, August 30,2018

An investigation on behalf of investors in Loma Negra Compañía Industrial Argentina Sociedad Anonima (NYSE: LOMA) shares over potential wrongdoing Loma Negra C.I.A.S.A. was announced.

San Diego, CA -- (SBWIRE) -- 08/30/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Loma Negra C.I.A.S.A.

Investors, who purchased shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Loma Negra Compañía Industrial Argentina Sociedad Anónima directors breached their fiduciary duties and caused damage to the company and its shareholders.

Argentina based Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and markets cement and its by-products in Argentina and Paraguay. Loma Negra C.I.A.S.A. reported that its annual Total Revenue rose from over 9.87 billion ARS in 2016 to as high as 15.28 billion ARS in 2017 and that its Net Income increased from 491.17 million ARS to over 1.59 billion ARS in 2017.

Shares of Loma Negra C.I.A.S.A. (NYSE:LOMA) declined from as high as $25.28 per share in January 2018 to as low as $8.65 per share on August 10, 2018.

Those who purchased shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/loma-negra-compania-industrial-argentina-sociedad-anonima-nyseloma-investor-investigation-over-potential-wrongdoing-1038842.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com