Energy News / Shareholders Foundation, Inc.

NYSE:KRA Shareholder Notice: Lawsuit Alleges False and Misleading Statements by Kraton Corp

Via: ReleaseWire

Updated 11:15 AM CST, Thu, March 08,2018

lawsuit was filed on behalf of investors in Kraton Corp (NYSE:KRA) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 03/08/2018 -- An investor, who purchased shares of Kraton Corp (NYSE:KRA), filed a lawsuit over alleged violations of Federal Securities Laws by Kraton Corp.

Investors who purchased shares of Kraton Corp (NYSE:KRA) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Kraton Corp (NYSE:KRA) common shares between October 25, 2017 February 21, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 25, 2017 February 21, 2018, the defendants made false and/or misleading statements and/or failed to disclose that Kraton was transitioning customers to Brazilian-produced Cariflex even though certain customers had already rejected that product, that Kraton's Brazilian-produced Cariflex was available to customers when in fact certain customers had already rejected that product, that Kraton lacked effective internal controls over financial reporting, and that as a result, defendants' statements about Kraton's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Kraton Corp (NYSE:KRA) 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysekra-shareholder-notice-lawsuit-alleges-false-and-misleading-statements-by-kraton-corp-945502.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com