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Levi & Korsinsky Announces GSM Class Action; Ferroglobe Lawsuit

Levi & Korsinsky

March 4, 2019

NEW YORK, March 4, 2019 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of shareholders who purchased securities of Ferroglobe PLC (“Ferroglobe”) (NASDAQ: GSM) between August 21, 2018 and November 26, 2018. To get more information about the Ferroglobe lawsuit go to: https://www.zlk.com/pslra-1/ferroglobe-plc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. 

The Ferroglobe lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) there was excess supply of the Company’s products; (2) demand for the Company’s products was declining; (3) as a result, the pricing of the Company’s products would be materially impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

If you suffered a loss in Ferroglobe you have until March 25, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com