16.  Ferroglobe purports to produce silicon metal, silicon-based alloys, and  manganese-based alloys and to sell products such as aluminum, silicone compounds, automotive  parts, photovoltaic cells, electronic semiconductors, and steel.  Materially False and Misleading  Statements Issued During the Class Period   17.  The Class Period begins on August 21, 2018. On that day, the Company published  a press release announcing the second quarter 2018 financial results. It reported a net profit of  $66.0 million, or $0.39 per share, and adjusted EBITDA of $86.3 million.    29.  Plaintiff brings this action as a class action pursuant to Federal Rule of Civil  Procedure 23(a) and (b)(3) on behalf of a class, consisting of all persons and entities that  purchased or otherwise acquired Ferroglobe securities between August 21, 2018 and November  26, 2018, inclusive, and who were damaged thereby (the “Class”).  Excluded from the Class are  Defendants, the officers and directors of the Company, at all relevant times, members of their  immediate families and their legal representatives, heirs, successors, or assigns, and any entity in  which Defendants have or had a controlling interest.   30.  The members of the Class are so numerous that joinder of all members is  impracticable.  Throughout the Class Period, Ferroglobe’s common shares actively traded on the  NASDAQ.  While the exact number of Class members is unknown to Plaintiff at this time and  can only be ascertained through appropriate discovery, Plaintiff believes that there are at least  hundreds or thousands of members in the proposed Class.  Millions of Ferroglobe common stock  were traded publicly during the Class Period on the NASDAQ. Record owners and other  members of the Class may be identified from records maintained by Ferroglobe or its transfer  agent and may be notified of the pendency of this action by mail, using the form of notice similar  to that customarily used in securities class actions.   31.  Plaintiff’s claims are typical of the claims of the members of the Class as all  members of the Class are similarly affected by Defendants’ wrongful conduct in violation of  federal law that is complained of herein.      32.  Plaintiff will fairly and adequately protect the interests of the members of the  Class and has retained counsel competent and experienced in class and securities litigation.    35.  The market for Ferroglobe’s securities was open, well-developed and efficient at  all relevant times.  As a result of these materially false and/or misleading statements, and/or  failures to disclose, Ferroglobe’s securities traded at artificially inflated prices during the Class  Period.  Plaintiff and other members of the Class purchased or otherwise acquired Ferroglobe’s  securities relying upon the integrity of the market price of the Company’s securities and market  information relating to Ferroglobe, and have been damaged thereby.   36.  During the Class Period, Defendants materially misled the investing public,  thereby inflating the price of Ferroglobe’s securities, by publicly issuing false and/or misleading  statements and/or omitting to disclose material facts necessary to make Defendants’ statements,  as set forth herein, not false and/or misleading.  The statements and omissions were materially  false and/or misleading because they failed to disclose material adverse information and/or  misrepresented the truth about Ferroglobe’s business, operations, and prospects as alleged herein.   47.  Plaintiff repeats and re-alleges each and every allegation contained above as if  fully set forth herein.    48.  During the Class Period, Defendants carried out a plan, scheme and course of  conduct which was intended to and, throughout the Class Period, did: (i) deceive the investing  public, including Plaintiff and other Class members, as alleged herein; and (ii) cause Plaintiff and  other members of the Class to purchase Ferroglobe’s securities at artificially inflated prices.  In  furtherance of this unlawful scheme, plan and course of conduct, Defendants, and each  defendant, took the actions set forth herein.   58.  Plaintiff repeats and re-alleges each and every allegation contained above as if  fully set forth herein.    59.  Individual Defendants acted as controlling persons of Ferroglobe within the  meaning of Section 20(a) of the Exchange Act as alleged herein. By virtue of their high-level  positions and their ownership and contractual rights, participation in, and/or awareness of the  Company’s operations and intimate knowledge of the false financial statements filed by the  Company with the SEC and disseminated to the investing public, Individual Defendants had the  power to influence and control and did influence and control, directly or indirectly, the decision- making of the Company, including the content and dissemination of the various statements  which Plaintiff contends are false and misleading. Individual Defendants were provided with or  had unlimited access to copies of the Company’s reports, press releases, public filings, and other  statements alleged by Plaintiff to be misleading prior to and/or shortly after these statements  were issued and had the ability to prevent the issuance of the statements or cause the statements  to be corrected.    60.  In particular, Individual Defendants had direct and supervisory involvement in the  day-to-day operations of the Company and, therefore, had the power to control or influence the  particular transactions giving rise to the securities violations as alleged herein, and exercised the  same.   Background   Violation of Section 10(b) of The Exchange Act and   Rule 10b-5 Promulgated Thereunder   Against All Defendants   Violation of Section 20(a) of The Exchange Act   Against the Individual Defendants  