NEW YORK –The Klein Law Firm announces the commencement of an investigation of Kobe Steel, Ltd. (OTC MKTS: KBSTY) concerning possible violations of federal securities laws.
“quality issues with its Chairman, President and CEO Hiroya Kawasaki…”
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…”
If you suffered a loss in Kobe Steel and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/KBSTY-Info-Request-Form-237
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.