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GrafTech Faces Class Action Lawsuit Over Environmental Noncompliance and Misleading Statements

Investors are urged to join the lawsuit against GrafTech International for alleged securities law violations related to environmental issues and financial misrepresentation.

  • A class action lawsuit has been filed against GrafTech International Ltd. for alleged violations of federal securities laws, focusing on environmental noncompliance and misleading statements.
  • Investors who purchased or acquired GrafTech securities between February 8, 2019, and August 23, 2023, are encouraged to join the lawsuit.
  • GrafTech is accused of contaminating neighboring communities in Monterrey, Mexico, with carcinogenic gasses and failing to comply with environmental laws.
  • The company's financial results have suffered significantly, with sales declines and net losses reported in 2023 due to the operational disruptions at the Monterrey facility.
  • The deadline for investors to request the Court to appoint them as lead plaintiff is March 25, 2024.
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