Faruqi and Faruqui, LLP Logo
Share this page

Kobe Steel, Ltd. (KBSTY)

Other OTC: KBSTY

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Kobe Steel, Ltd. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Kobe Steel, Ltd. (“Kobe Steel” or the “Company”) (OTC:KBSTY).

On October 8, 2017, Kobe Steel announced that the Company “discovered that in its Aluminum & Copper Business, including group companies, a portion of the products traded with customers did not comply with the product specifications which were agreed between the Company and its customers.”  Furthermore, the Company stated that “[d]ata in inspection certificates had been improperly rewritten etc., and the products were shipped as having met the specifications concerned[.]”

As a result of this news, Kobe Steel’s American depositary receipt (“ADR”) price has significantly declined.

If you invested in Kobe Steel ADRs and would like to discuss your legal rights, please fill out the form below.  There is no cost or obligation to you.  You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. 

 

Request Information

Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.

  • Case:
    Kobe Steel, Ltd. (KBSTY)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 10/12/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.