San Diego, CA -- (SBWire) -- 03/21/2022 --Clariant AG is under investigation over potential securities laws violations by Clariant AG in connection with certain financial statements.
Investors who purchased shares of Clariant AG (OTC: CLZNY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Clariant AG (OTC: CLZNY) concerning whether a series of statements by Clariant AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Switzerland based Clariant AG, together with its subsidiaries, develops, manufactures, distributes, and sells specialty chemicals worldwide. On February 14, 2022, Clariant AG disclosed that it would delay the release of its fourth quarter and full year 2021 financial results due to an internal "investigation into accounting matters related to the booking of provisions and accruals during the financial years 2020 and 2021." Specifically, the investigation "is reviewing whether employees incorrectly booked those provisions and accruals, with the aim of steering the Company's results to meet internal and external targets." Shares of Clariant AG (OTC: CLZNY) declined from $21.49 per share in January 2022, to as low as $14.89 per share on March 8, 2022.
Those who purchased shares of Clariant AG (OTC: CLZNY) 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
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Clariant AG (OTC:CLZNY) Investor Notice: Investigation over Possible Violations of Securities Laws
An investigation for investors in Clariant AG (OTC:CLZNY) shares over potential securities laws violations by Clariant AG was announced.