NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against GrafTech International Ltd. (NYSE: EAF), Polished.com, Inc. (NYSEAmerican: POL), EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT) and Vintage Wine Estates, Inc. (NASDAQ: VWE). Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided.
GrafTech International Ltd. (NYSE:EAF)
On September 16, 2022, GrafTech announced that operations at its graphite electrode manufacturing facility in Monterey, Mexico, had ceased following an inspection by the Attorney General of the Nuevo Leon State Secretary of the Environment. The company also acknowledged that the Mexican government had determined that its license to operate in the country was no longer in effect and could not provide an estimate of when the manufacturing facility would resume operations.
As a result of this news, GrafTech’s stock price fell $0.47 per share, or 8.8%, to close at $4.85 per share on September 19, 2022, the next trading day.
You can find more information about the GrafTech investigation at: https://bespc.com/cases/EAF
Polished.com, Inc. (NYSEAmerican: POL)
In July 2020, Polished (then known as 1847 Goedeker Inc.) completed its initial public offering (“IPO”) and sold shares at a price of $9.00 per share.
Then, on August 15, 2022, after the close of trading, Polished announced on its Form 12b-25 filed with the SEC that as a result it was unable to file its Form 10-Q for the second quarter of its fiscal year 2022 ended August 30, 2022. June 2022 ended The Board’s Audit Committee recently initiated “an independent investigation into certain allegations made by certain former employees in connection with the Company’s operations.” In addition, the company announced that “[t]The investigation is…
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