Wolf Popper LLP Reminds Investors of the February 26, 2018 Deadline to File for Lead Plaintiff in the Class Action Lawsuit Against Kobe Steel, Ltd.

NEW YORK, Jan. 17, 2018

If you are a member of the Class, you may file a motion to be appointed lead plaintiff no later than February 26, 2018.  A lead plaintiff is a representative party responsible for directing the litigation.  Investors who purchased Kobe Steel ADRs during the Class Period and suffered losses are urged to contact Wolf Popper to discuss their rights. 

During the Class Period, Kobe Steel repeatedly misrepresented the quality of its products and the integrity of its operations by emphasizing that it offered "excellent products and services" with "special attention to product safety" and had "an organizational culture that is highly sensitive to compliance issues."

Through a series of disclosures, Kobe Steel admitted to falsifying inspection certificates on its core products in its aluminum and copper and iron and steel segments and failing to comply with customer standards.  As a result, Kobe Steel ADRs declined an aggregate of $2.37 or approximately 40% during the week of October 13, 2017.   

Wolf Popper has successfully recovered billions of dollars for defrauded investors. The firm's reputation and expertise have been repeatedly recognized by the courts.  See www.wolfpopper.com.

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