Levi & Korsinsky announces it has commenced an investigation of Kobe Steel, Ltd. (“Kobe Steel” or the “Company”) (OTC MKTS: KBSTY) concerning possible violations of federal securities laws.
On October 8, 2017, Kobe Steel issued a press release acknowledging “improper conduct” affecting its Aluminum & Copper Business. Kobe Steel acknowledged that “a portion of the products traded with customers did not comply with the product specifications which were agreed between the Company and its customers.” The Company also stated it has been conducting an investigation into the improper conduct and whether said conduct exists in other business units. As a result of these concerns, the Company has also begun investigating “quality issues with its Chairman, President and CEO Hiroya Kawasaki…” To obtain additional information, go to:
http://www.zlkdocs.com/KBSTY-Info-Request-Form-6144
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contacts:
Eduard Korsinsky, Esq.
Tel:
212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com