Important investor alert: goldberg law pc announces securities class action lawsuit against braskem s.a. and advises shareholders to contact the firm prior to the lead plaintiff deadline

Los angeles--(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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