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is investigating claims on behalf of investors of Tenaris S.A. (“Tenaris” or the “Company”) ( NYSE: TS ). Such investors are advised to 888-476-6529, ext. 9980.
The investigation concerns whether Tenaris and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here to join a class action]
On November 27, 2018, news outlets reported that an Argentine judge had indicted Paolo Rocca, Tenaris’s chairman and majority shareholder, in connection with a wide-ranging bribery scandal involving the government of Argentina.
Following this news, Tenaris’s American depositary receipt price fell $2.64, or 9.78%, to close at $24.36 on November 27, 2018.
Related Stocks: Tenaris S.A.