NEW YORK, March 26, 2022 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors in Koppers Holdings Inc. (“Koppers” or the “Company”) (NYSE: KOP). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529 ext. 7980.
The investigation focuses on whether Koppers and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.
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At February 23, 2022, Koppers disclosed that the United States Securities and Exchange Commission is conducting an investigation “into public disclosures of the company’s non-GAAP financial measures relating to the company’s debt reduction target and net leverage ratio. for the 2019 financial year and the related management of its accounts payable”. The chief executive of Koppers and other current and former officers and employees had been issued subpoenas for information and testimony pursuant to a formal investigative order dated February 14, 2021.
Pomerantz LLP, with offices in new York, Chicago, Los Angeles, Parisand Tel Aviv, is recognized as one of the leading law firms in the areas of corporate litigation, securities and antitrust. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he established, fighting for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm recovered numerous multimillion-dollar damages on behalf of class members. See www.pomlaw.com.
Robert S. Willoughby
888-476-6529 ext. 7980
SOURCE Pomerantz LLP