An investigation for investors in Koppers Holdings Inc. (NYSE:KOP) shares over potential securities laws violations by Koppers Holdings Inc. was announced.
San Diego, CA — (SBWIRE) — 04/04/2022 — Koppers Holdings Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Koppers Holdings Inc. (NYSE: KOP), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether certain statements by Koppers Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Pittsburgh, PA based Koppers Holdings Inc. provides treated wood products, wood treatment chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. On February 23, 2022, Koppers disclosed that the U.S. Securities and Exchange Commission was conducting an investigation “into the Company’s public non-GAAP financial metrics disclosures regarding the Company’s debt reduction target and net leverage ratio for the Fiscal Year 2019 and the related management of its accounts payable.” Koppers’ Chief Executive Officer and other current and former officers and employees had received subpoenas for information and testimony pursuant to a formal order of investigation dated February 14, 2021. Shares of Koppers Holdings Inc. (NYSE: KOP) declined from $30.94 per share on February 16, 2022 to as low as $27.50 per share on March 1, 2022.
Those who purchased shares of Koppers Holdings Inc. (NYSE: KOP), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
For more information on this press release visit: http://www.sbwire.com/press-releases/nysekop-investor-alert-investigation-potential-securities-laws-violations-1355612.htm
Media Relations Contact