NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in GrafTech International Ltd. (“GrafTech” or the “Company”) EAF. Those investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, extension 7980.
The investigation concerns whether GrafTech and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.
[Click here for information about joining the class action]
On September 16, 2022, GrafTech announced in a filing with the Securities and Exchange Commission that regulators in Mexico have issued a temporary suspension notice to the Company’s graphite electrode manufacturing facility in Monterrey.
As a result of this news, Graftech’s stock price fell $0.45 per share, or 8.49%, to close at $4.85 per share on September 19, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading law firms specializing in corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, best known as Dean of the Class Bar Association, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of victims of securities fraud, fiduciary breaches and corporate wrongdoing. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomlaw.com
CONTACT:
Robert S Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
Read full story here https://www.benzinga.com/pressreleases/22/09/g28938649/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-graftech-intern