NEW YORK , Nov. 28 , 2017 /PRNewswire/
-- Pomerantz LLP is investigating claims on behalf of investors of Toray Industries, Inc.
(" Toray " or the "Company") (OTCMKTS: TRYIF; TRYIY)
. Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529,
ext. 9980.
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
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SOURCE Pomerantz LLP