On February 24, 2017, local news magazine Hildebrandt en sus trece revealed that Graña y Montero was aware of $20 million in bribes conferred to former President Alejandro Toledo by Brazilian firm Odebrecht SA. Graña was one of Odebrecht's local partners on two sections of a project to pave a road from the Peruvian Amazon to Brazil. Following this news, Graña shares dropped $1.77 per share or over 34% to close $3.32 on February 24, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Graña, you can assist this investigation by visiting the firm's site: www.bgandg.com/gram. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | email@example.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC