Investigation 

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Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GrafTech International Ltd. (“GrafTech” or the “Company”) (NYSE: EAF). Investors who purchased GrafTech securities are encouraged to obtain additional information and assist the investigation.       

 

The investigation concerns whether GrafTech has violated federal securities laws.

 

On September 16, 2022, GrafTech disclosed in a filing with the U.S. Securities and Exchange Commission that regulatory inspectors in Mexico issued a temporary suspension notice to the Company’s graphite electrode manufacturing facility in Monterrey.  On this news, GrafTech’s stock price fell $0.45 per share, or 8.49%, to close at $4.85 per share on September 19, 2022.  Then, on February 3, 2023, GrafTech reported earnings per share of $0.17, missing consensus estimates of $0.22.  GrafTech stated that is performance “was impacted by higher costs, softer industry demand, and the impact of the temporary suspension of our operations in Mexico[.]”  On this news, GrafTech’s stock price fell $1.01 per share, or 15.33%, to close at $5.58 per share on February 3, 2023.

 

If you are aware of any facts relating to this investigation or purchased GrafTech shares, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

 

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.  The firm has recovered hundreds of millions of dollars for investors nationwide.  Attorney advertising. Prior results do not guarantee similar outcomes.