Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) Investor Investigation Over Potential Securities Laws Violations Announced

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

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Loma Negra Compañía Industrial Argentina Sociedad Anónima
Affected Securities: 
NYSE: LOMA

An investigation on behalf of investors of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) shares over potential securities laws violations by Loma Negra C.I.A.S.A. and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) concerning whether a series of statements by Loma Negra C.I.A.S.A. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

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:LOMA0 declined from as high as $25.28 per share in Janaury 2018 to as low as $12.08 per share on May 20, 2018,