BOSTON, Sept. 20, 2022 (GLOBE NEWSWIRE) — Block & Leviton is investigating GrafTech International, Ltd. EAF for potential securities law violations. Investors who, when investing in GrafTech International, Ltd. Lost money should do so contact the company to learn more about how to make up for those losses. For more information, see https://www.blockleviton.com/cases/eaf.
Why is?
After the market closed on September 16, 2022, GrafTech International announced that operations at its graphite electrode manufacturing facility in Monterey, Mexico, were temporarily suspended following an inspection by the Nuevo León State Attorney’s Office of the Minister of the Environment.
In addition, the director of integral air management for the undersecretary for climate change and air quality at the Department of the Environment determined that GrafTech International’s license to operate in Mexico was no longer valid. The company could not estimate how long operations at the production facility will be temporarily suspended.
GrafTech International, Ltd. shares fell more than 9% in intraday trading on September 19, 2022.
Who is Eligible?
Anyone who owns shares in GrafTech International, Ltd. and lost money may be eligible regardless of whether they have sold their investment or not. Investors should contact Block & Leviton for more information.
What does Block & Leviton do?
Block & Leviton is investigating whether the company has violated securities laws and may file a lawsuit to try to recover losses on behalf of investors who have lost money.
What should you do next?
If you’ve lost money on your investment, you should contact Block & Leviton to learn more about ours case website, by email at [email protected]or by calling (617) 398-5600.
Why should you contact Block & Leviton?
Many law firms have issued press releases in this regard; Most of these firms do not conduct securities class actions. Block & Leviton is a law firm…
Read full story here https://www.benzinga.com/pressreleases/22/09/g28938791/graftech-international-ltd-investigated-by-block-leviton-for-potential-securities-law-violations-i