San Diego, CA -- (SBWIRE) -- 01/08/2018 -- The Shareholders Foundation announces that an investor, who purchased shares of Kobe Steel, Ltd. (ADR) (OTCMKTS:KBSTY), filed a lawsuit over alleged Securities Laws violations by Kobe Steel, Ltd.

Investors whopurchased shares of Kobe Steel, Ltd. (ADR) (OTCMKTS:KBSTY) have certain options and for certain investors are short and strict deadlines running. Deadline: February 26, 2018. OTCMKTS:KBSTY investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff claims that between May 29, 2013 and October 12, 2017, the Kobe Steel repeatedly misrepresented the quality of its products and the integrity of its operations by emphasizing that it offers "excellent products and services" with "special attention to product safety" as it has "an organizational culture that is highly sensitive to compliance issues." The plaintiff claims that the Defendants' statements pertaining to Kobe Steel's products and performance of its operations were materially false and misleading because the company had intentionally falsified data on many of its aluminum, copper, iron and steel products, and knowingly sold products that failed quality control tests.

Those who purchased shares of Kobe Steel, Ltd. (ADR) (OTCMKTS:KBSTY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com