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Glancy Prongay & Murray LLP Obtains Important Ruling for Tenaris S.A. Investors in Securities Fraud Class Action

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Jul 22, 2021 12:31 AM UTC
Glancy Prongay & Murray LLP Obtains Important Ruling for Tenaris S.A. Investors in Securities Fraud Class Action
Glancy Prongay & Murray LLP (“GPM”) announces that on July 1, 2021, the Honorable Raymond J. Dearie of the United States District Court for the Eastern District of New York issued a ruling denying the defendants’ request that the court reconsider an earlier order denying the defendants’ motion to dismiss the action (In Re Tenaris S.A. Securities Litigation, Case No. 18-cv-7059-RJD-SJB). GPM serves as the court-appointed Lead Counsel for a putative class of investors that purchased ADS of Tenaris S.A. (“Tenaris” or the “Company”) (NYSE: TS) between May 1, 2014 and December 5, 2018, inclusive. The action seeks to recover losses suffered by Tenaris investors arising from the defendants’ alleged violations of the federal securities laws. ....

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