Will CEMEX ("ADR" CX:US" CLH" CEMEXCPO:MM) (BVC: CLH) and CEMEX SAB de CV (CEMEX USA) shareholders file a derivative class action lawsuit in 2015? It appears that the shareholders may have a viable claim against CEMEX based on fraud, illegal activities, or gross mismanagement by CEMEX because the Board of Directors has failed to address corporate abuse and criminal acts committed by their employees, agents and affiliates. CEMEX has failed to police its own employees to the detriment of productivity and outcome and therefore, a decline in stock value.
Has the negligent behavior exhibited by CEMEX staff, employees and agents resolved in poor cement quality; that the lack of proper handling and use concerning the production of cement is the reason for defective housing structure, buildings and infrastructure throughout this country and abroad. Has these acts resulted in misappropriation of corporate assets, has there been a wrongful delegation of corporate duties and a failure to address the negligent acts of employees, and is the negligent acts committed by employees deemed a breach of corporate duty of care, duty of loyalty and has resolved in a a waste of corporate assets to cover their wrongdoings. This is particularly true, where these acts are the result of nepotism.
Therefore, it is important to do an extensive background investigation into the company and companies responsible for manufacturing, producing and distributing cement because poor quality cement resolves in billions of dollars in losses to businesses, insurance companies and consumers. For such reasons, CEMEX shareholders may consider litigating against the corporation in 2015.
Jaime Gerardo Elizondo Chapa Board Member President and Karl Watson are called upon to take immediate action.