A number of US law firms are looking into shareholder claims relating to the Grenfell Tower disaster, as the New York-based manufacturer of the building's controversial cladding announced it is halting sales of the product.

US securities litigation firms including Pomerantz, Goldberg Law and Bronstein Gewirtz & Grossman have all announced they are investigating potential shareholder claims in the wake of the west London fire, which killed at least 79 people.