July 25th Deadline Alert: The Wagner Firm Reminds Gerdau S.A. Investors of Today's Lead Plaintiff Deadline

LOS ANGELES--(BUSINESS WIRE)--

The Wagner Firm reminds investors of the July 25, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Gerdau S.A. ("Gerdau" or the "Company") GGB securities between June 2, 2011 and May 15, 2016, inclusive (the "Class Period"). Gerdau investors have until July 25, 2016 to file a lead plaintiff motion.

The complaint filed in this lawsuit alleges that Defendants engaged in a bribery scheme whereby the Company attempted to corrupt Brazilian tax authorities to avoid payment of over $400 million in taxes. Upon disclosure of police raids and a potential government action against the Company for recovery of the tax liabilities, the Company's shares fell sharply in value.

If you purchased shares of Gerdau during the Class Period you may move the Court no later than July 25, 2016 to request appointment as lead plaintiff, or if you 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 Avi Wagner, Esquire, of The Wagner Firm, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 491-7949, by e-mail at info@thewagnerfirm.com, or visit our website at http://thewagnerfirm.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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