NEW YORK, January 28, 2023 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against GrafTech International Ltd. (“GrafTech” or the “Company”) (NYSE: EAF).
If you have incurred losses exceeding $50,000 invest in GrafTech stocks or options and want to discuss your legal rights, call partner Faruqi & Faruqi Josh Wilson directly at 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/EAF.
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Faruqi & Faruqi is a leading national minority and women-owned securities law firm, with offices in New York, Pennsylvania, California and Georgia.
The investigation aims to determine whether the Company has made false and/or misleading statements and/or has failed to disclose relevant information to investors. GrafTech announced the September 16, 2022that the activities of its graphite electrode manufacturing plant in Monterey, Mexico, had been suspended after an inspection by the State Attorney’s Office to the Secretary of the Environment of the State of Nuevo León. The company also admitted that the Mexican government had determined that its license to operate in the country was no longer in effect and could not provide an estimate of when the manufacturing facility would resume operations.
Based on this news, GrafTech shares plunged almost 8.5% on September 19, 2022.
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