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AK Steel Holding Corporation (NYSE:AKS) Investor Investigation Announced

  • If you purchased shares of AK Steel Holding Corporation (NYSE:AKS), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
AK Steel Holding Corporation
Security
NYSE: AKS

Summary

July 29, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of AK Steel Holding Corporation (NYSE:AKS) was announced over potential breaches of fiduciary duties by certain officers and directors at AK Steel Holding.

The investigation by a law firm concerns whether certain AK Steel Holding officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

AK Steel Holding Corporation reported that its annual Total Revenue rose from over $6.5 billion in 2014 to over $6.69 billion in 2015 while its Net Loss increased from $96.60 million in 2013 to $509 million in 2015.

Shares of AK Steel Holding Corporation (NYSE:AKS) declined from $10.92 per share in August 2014 to as low as $1.83 per share in January 2016.

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