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Levi & Korsinsky announces it has commenced an investigation of AK Steel Holding Corporation (NYSE: AKS) concerning possible breaches of fiduciary duty by the board of directors of the company. In particular, Levi & Korsinsky has determined that AK Steel Holding Corporation has exceeded the limits set forth in the shareholder approved executive compensation plan, granting James Wainscott up to 266,450 shares in excess of approved limits. We are investigating an action seeking to force the Company to rescind the improper grants.
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