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Tecnoglass, Inc. (NASDAQ: TGLS)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in Tecnoglass, Inc. (NASDAQ: TGLS) prior to December 9, 2021.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by engaging in a multitude of undisclosed related party transactions that call into question the accuracy of multiple years of financial reporting.

On December 9, 2021, Hindenburg Research published a report in which it stated that Tecnoglass had been the subject of a months-long investigation that included review of US and Colombian court records, securities filings, corporate registrations, property records, export records and media reports going back decades. The report alleged that “serious red flags” had been identified regarding “management and numerous undisclosed related party transactions that call the company’s reported financial results into question.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Tecnoglass, Inc. (NASDAQ: TGLS) prior to December 9, 2021 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.