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GrafTech International Ltd. Sued for Environmental Damage and Misleading Investors

Investors face a March 25, 2024, deadline to join the class action lawsuit covering allegations of environmental harm and financial misrepresentation.

  • GrafTech International Ltd. faces a class action lawsuit for environmental damage and misleading investors.
  • The lawsuit covers the period between February 8, 2019, and August 3, 2023, with a lead plaintiff deadline of March 25, 2024.
  • Allegations include chronic contamination of communities with carcinogenic gases and failure to comply with environmental laws.
  • GrafTech's financial results show significant declines in sales and net losses following the shutdown of its Monterrey, Mexico, facility.
  • Investors suffered losses as GrafTech's stock price dropped significantly after disclosures of environmental issues and poor financial performance.
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