SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in India Globalization Capital, Inc. of Class Action Lawsuit and Upcoming Deadline – IGC; IGCC
NEW YORK, NY / ACCESSWIRE / December 5, 2018 / Pomerantz LLP announces that a class action lawsuit has been filed against India Globalization Capital, Inc. (“India Globalization” or the “Company”) (NYSE: IGC)(OTC: IGCC) and certain of its officers. The class action, filed in United States District Court, District of Maryland, and index under 18-cv-03408, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired India Globalization securities between June 21, 2018 through October 29, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.