NEW YORK, NY / ACCESSWIRE / December 11, 2023 / Levi & Korsinsky notifies investors that it has commenced an investigation of Braskem S.A. ("Braskem") (NYSE:BAK) concerning possible violations of federal securities laws.
On November 30, 2023, following a request by prosecutors in Brazilian court, Braskem disclosed that it would be required to pay 1 billion reais ($203 million) to repair damages at a rock-salt mine owned by the Company in the city of Maceió. On this news, Braskem's American depositary receipt price fell 6.94% to close at $7.78 per ADR on November 30, 2023. To obtain additional information, go to:
https://zlk.com/pslra-1/braskem-s-a-lawsuit-submission-form?prid=59355&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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