The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of GrafTech International Ltd (NYSE:GTI) shares was initiated over potential breaches of fiduciary duties by certain officers and directors at GrafTech International.
Investors who purchased shares of GrafTech International Ltd (NYSE:GTI) and currently hold any of those NYSE:GTI shares have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain GrafTech International officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
GrafTech International Ltd reported that its annual Total Revenue declined from over $1.32 billion in 2011 to over $1.16 billion in 2013 and that its Net Income of $153.18 million in 2011 decreased to a Net Loss of $27.26 million in 2013. GrafTech International Ltd (NYSE:GTI) declined from $17.24 per share in February 2012 to as low as $3.47 per shares on January 30, 2015
On February 6, 2015, NYSE:GTI shares closed at $3.64 per share.
Those who purchased shares of GrafTech International Ltd (NYSE:GTI) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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