IN RE BRASKEM S.A. SECURITIES LITIGATION

15 Civ. 5132 (PAE).

246 F.Supp.3d 731 (2017)

IN RE BRASKEM S.A. SECURITIES LITIGATION.

United States District Court, S.D. New York.

Signed March 30, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 78j(b)ss
Cause: 15 U.S.C. § 78j(b)ss Stockholder Suit
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

Boilermaker-Blacksmith National Pension Trust, Lead Plaintiff, represented by Christopher Lometti , Cohen Milstein Sellers & Toll P.L.L.C..

Boilermaker-Blacksmith National Pension Trust, Lead Plaintiff, represented by Kenneth Mark Rehns , Cohen Milstein Sellers & Toll P.L.L.C. & Steven Jeffrey Toll , Cohen Milstein Sellers & Toll PLLC.

Douglas W. Peters, Plaintiff, represented by Thomas Livezey Laughlin, IV , Scott + Scott, L.L.P..

Carmine Vitolo, Consolidated Plaintiff, represented by Lesley Frank Portnoy , Glancy Prongay & Murray LLP & Lesley Frank Portnoy, Glancy Prongay & Murray LLP.

Ricardo DeSouza, Movant, represented by Richard William Gonnello , Faruqi & Faruqi, LLP.

Braskem S.A., Defendant, represented by Mark Putnam Gimbel , Covington & Burling LLP & Joshua Benjamin Picker , Covington & Burling LLP.

Carlos Jose Fadigas de Souza Filho, Defendant, represented by Mark Putnam Gimbel , Covington & Burling LLP.

Marcela Aparecida Drehmer Andrade, Defendant, represented by Mark Putnam Gimbel , Covington & Burling LLP.

Mario Augusto da Silva, Defendant, represented by Mark Putnam Gimbel , Covington & Burling LLP.

Odebrecht S.A., Defendant, represented by Jacob J. Waldman , Quinn Emanuel Urquhart & Sullivan, Michael Barry Carlinsky , Quinn Emanuel & Michael Lifu Niu , Quinn Emanuel Urquhart & Sullivan.


OPINION & ORDER

These consolidated putative class actions involve claims that a Brazilian petrochemical company's failure to disclose its long-running bribery scheme violated federal securities law. Plaintiffs are purchasers of purchasers of U.S.-traded...

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