SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Toray Industries, Inc. - TRYIF; TRYIY

NEW YORK, Nov. 28, 2017

The investigation concerns whether Toray and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On November 27, 2017, post-market, Toray announced that Toray Hybrid Cord Inc., a Toray unit that makes cords that are used in tires, discovered 149 cases of mishandled data between April 2008 and July 2016, affecting 13 customers.  On this news, Toray's common stock price fell $0.42, or 4.25%, to close at $9.47, while Toray's American Depositary Receipt Price fell $1.02, or 5.13%, to close at $18.87 on November 28, 2017.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com

View original content:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-toray-industries-inc--tryif-tryiy-300563156.html