Bak investor alert: investigation on behalf of braskem s.a. shareholders announced by the law offices of howard g. smith

Bensalem, pa.--(business wire)--law offices of howard g. smith announces that it is investigating potential claims on behalf of purchasers of the securities of braskem s.a. (“braskem” or the “company”) (nyse:bak). braskem sa, latin america’s biggest petrochemicals maker by sales, has been implicated in a bribery and corruption scandal that enabled the company to purchase raw materials at favorable prices. according to news reports and testimony from petroleo brasileiro sa’s former executive, braskem paid annual bribes, initially set at $5 million, to buy crude derivatives such as naphtha and propylene at low prices from 2006 to 2012. after reports of the pervasive bribery scandal surfaced the company’s equity and debt securities prices have fallen sharply and investors have been damaged. if you purchased braskem shares or debts securities prior to march 17, 2015 you are encouraged to contact howard smith, esquire to discuss your legal rights: law offices of howard g. smith, 3070 bristol pike, suite 112, bensalem, pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
BAK Ratings Summary
BAK Quant Ranking