IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit Against Braskem S.A. And Advises Sharehol...
04 July 2015 - 7:40AM
Business Wire
Goldberg Law PC (www.Goldberglawpc.com) announces that a class
action lawsuit has been filed in the United States District Court
for the Southern District of New York against Braskem S.A.
(“Braskem” or the “Company”) American Depositary Receipts (BAK),
for alleged violations of the federal securities laws. Investors
who purchased or otherwise acquired shares between June 1, 2010 and
March 11, 2015 inclusive (the “Class Period”), have until August
31, 2015 to serve as lead plaintiff in the class action.
If you are a shareholder who suffered a loss during the Class
Period, we advise you to contact Michael Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del
Rey, CA 90292, at 800-977-7401, to discuss your rights without cost
to you. You can also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
Braskem is a Brazilian petrochemical company and producer of
thermoplastic resins. The Company has 36 industrial plants,
including five in the United States and two in Europe. On March 11,
2015, the Sao Paulo newspaper, Folha de S. Paolo, published an
article alleging Braskem involvement in the corruption scandal
surrounding Petroleo Brasileiro S.A. (“Petrobras”). The article
alleged that Braskem paid at least $5 million annually to Petrobras
between 2006 and 2012 to acquire crude derivative contracts at
cheaper prices. As a result of this news, Braskem shares fell over
20% on March 11, 2015.
If you have any questions concerning your legal rights in this
case, please immediately contact Goldberg Law PC at 800-977-7401,
or visit our website at http://www.Goldberglawpc.com, or email us
at info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20150703005327/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comhttp://www.Goldberglawpc.comhttps://twitter.com/goldberglawpchttps://www.facebook.com/pages/Goldberg-Law-PC/850505465033804?fref=ts