Loma Negra Concludes Class Action Lawsuit with Final Court Judgment

Story Highlights
Loma Negra Concludes Class Action Lawsuit with Final Court Judgment

The latest announcement is out from Loma Negra Compania Industrial Argentina Sociedad Anonima ( (LOMA) ).

On March 3, 2025, the New York State Court issued a final judgment regarding the class action settlement involving Loma Negra C.I.A.S.A., effectively concluding the lawsuit initiated by shareholders. This definitive conclusion of the class action lawsuit marks a significant resolution for the company, potentially impacting its legal standing and reassuring stakeholders of its commitment to resolving disputes.

More about Loma Negra Compania Industrial Argentina Sociedad Anonima

Loma Negra Compañía Industrial Argentina Sociedad Anónima is a leading company in the cement industry, primarily engaged in the production and commercialization of cement and related products. The company operates in Argentina, focusing on supplying the construction industry with high-quality materials.

YTD Price Performance: -12.10%

Average Trading Volume: 412,927

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.62B

Find detailed analytics on LOMA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App