A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Braskem SA (ADR) (NYSE:BAK) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on January 16, 2018 and NYSE:BAK investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 01/15/2018 --A deadline is coming up on January 16, 2018 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Braskem SA (ADR) (NYSE:BAK) between July 15, 2010 and March 11, 2015.

Investors who purchased a significant amount of shares of Braskem SA (ADR) (NYSE: BAK) between July 15, 2010 and March 11, 2015, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call 858-779-1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Braskem SA (ADR) (NYSE:BAK) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/braskem-sa-adr-nyse-bak-investor-securities-class-action-lawsuit-07012015

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is January 16, 2018. The class action administrator for this case is Garden City Group.

The lawsuit was originally filed in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Braskem SA in connection with certain allegedly false and misleading statements made between June 1, 2010 and March 11, 2015. According to the complaint the plaintiff alleges on behalf of purchasers of Braskem SA (ADR) (NYSE:BAK) common shares between June 1, 2010 and March 11, 2015, that the defendants violated Federal Securities Laws.

Those who purchased shares of Braskem SA (ADR) (NYSE:BAK) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com