Class Action Lawsuit Filed Against GrafTech Over Environmental Noncompliance

The lawsuit alleges misleading statements and failure to disclose environmental issues at the Monterrey facility, with a lead plaintiff deadline of March 25, 2024.

• 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.
• The lawsuit covers all persons and entities that purchased GrafTech securities between February 8, 2019, and August 23, 2023.
• GrafTech is accused of contaminating communities in Monterrey, Mexico, with carcinogenic gasses and failing to adhere to environmental commitments.
• The company's operations in Monterrey are alleged to not comply with environmental laws, leading to potential severe disruptions and material risks to its business.
• Investors are encouraged to join the lawsuit, with a lead plaintiff deadline set for March 25, 2024.

3 Articles

Benzinga Benzinga Benzinga