Law firm launches securities investigation into US Steel

Wednesday, 26 April 2017 00:38:07 (GMT+3)   |   San Diego
       

Shareholder Rights Law Firm Johnson & Weaver, LLP announced today that it is investigating potential violations of the federal securities laws by US Steel and certain of its officers.

On April 25, US Steel reported a first quarter 2017 net loss of $180 million, or $1.03 per diluted share. Analysts surveyed by Zacks Investment Research were looking for earnings of $.30 per share. In late day trading on April 26, 2017, shares were down over 26 percent.

Johnson & Weaver are seeking information that could assist in the investigation from former employees, shareholders, or others with information.


Tags: US North America 

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