EAF - Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against GrafTech International Ltd. (EAF) | Benzinga

NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Ohio on behalf of all persons or entities who purchased or otherwise acquired GrafTech International Ltd. ("GrafTech" or the "Company") (NASDAQ:EAF) securities between February 8, 2019 and August 3, 2023, inclusive (the "Class Period").

The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company's manufacturing operations in Monterrey, Mexico had for decades chronically contaminated neighboring communities with harmful carcinogenic gasses and particulate matter; (ii) the Company had signed agreements with local authorities committing itself to improving the environmental performance of its Monterrey facility, but repeatedly failed to honor these commitments; (iii) the Company had been repeatedly warned over an approximately ...

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