“Brazil's Braskem Agrees to Settle U.S. Class Action for $10 Million,” Reuters
September 14, 2017
Brazilian petrochemical company Braskem SA said on Thursday it has signed an agreement to settle a class action lawsuit with a $10 million payment.
Under the accord, which requires court approval, the money will be paid to investors who acquired American Depositary Receipts (ADRs) in Braskem between July 2010 and March 2015.