San Diego, CA — 12/18/2017 — An investigation was announced for investors of TORAY INDS INC (OTCMKTS:TRYIY) shares over potential securities laws violations by Toray Industries Inc.
The investigation by a law firm focuses on whether a series of statements by Toray Industries, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Japan based TORAY INDUSTRIES, INC. is a diversified group. On November 27, 2017, post-market, Toray Industries Inc 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. Shares of TORAY INDS INC (OTCMKTS:TRYIY) declined on November 28, 2017 to as low as $18.87 per share.
Those who purchased shares of TORAY INDS INC (OTCMKTS:TRYIY) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego
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