GrafTech International Faces Multiple Class Action Lawsuits Over Environmental Violations

Investors seek compensation as GrafTech's Monterrey facility's environmental issues lead to significant financial losses.

GrafTech International Ltd. is subject to several class action lawsuits due to alleged environmental violations at its Monterrey, Mexico facility.
The lawsuits claim GrafTech failed to comply with environmental laws, leading to harmful pollution in neighboring communities.
Investors allege that GrafTech's non-disclosure of these issues exposed them to significant financial risks.
The closure of the Monterrey facility has resulted in substantial financial losses for GrafTech, including a reported $8 million net loss in Q2 2023.
The lead plaintiff deadline for affected investors is set for March 25, 2024.