Bragar Eagel & Squire, P.C. Is Investigating GrafTech, Vintage Wine, BRP, and Cantaloupe ...
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against against GrafTech International Ltd. (NYSE: EAF), Vintage Wine Estates, Inc. (NASDAQ: VWE), BRP Group, Inc. (NASDAQ: BRP), and Cantaloupe, Inc. (NASDAQ: CTLP, OTCMKTS: CTLPP). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided
NEW YORK, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against against GrafTech International Ltd. (NYSE: EAF), Vintage Wine Estates, Inc. (NASDAQ: VWE), BRP Group, Inc. (NASDAQ: BRP), and Cantaloupe, Inc. (NASDAQ: CTLP, OTCMKTS: CTLPP). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
GrafTech International Ltd. (NYSE: EAF)
On September 16, 2022, GrafTech announced that operations at its graphite electrode manufacturing facility in Monterey, Mexico, had been suspended after an inspection by the State Attorney’s Office for the Secretary of the Environment for the State of Nuevo Leon. The Company also admitted that the Mexican government had determined that its operating license within the country was no longer in effect, and could not provide an estimate for when the manufacturing plant would return to operation.
On this news, Graftech’s stock price fell $0.47 per share, or 8.8%, to close at $4.85 per share on September 19, 2022, the next trading day.
