Braskem hires law firm in the U.S. for class action on Alagoas salt case: filing

(Reuters) – Braskem SA was notified of a class-action lawsuit filed with the Federal Court of the District of New Jersey and has hired a law firm in the U.S. to represent the company, it said in a filing on late Monday.

The class action involves Braskem geological issues with a salt mine in Alagoas state. It includes investors that bought specific securities between May 6, 2016 and July 8, 2020, the company said.

(Reporting by Sabrina Valle,Editing by Franklin Paul)