Braskem
All persons or entities who purchased or otherwise acquired a legal or beneficial ownership interest in Braskem ADRs during the Class Period (March 21, 2019 through July 8, 2020).
Settlement Fund of $3,000,000 in cash, less attorneys' fees and expenses, distributed to Settlement Class Members who submit valid Proof of Claim.
Official site: www.strategicclaims.net
Who may qualify
All persons or entities who purchased or otherwise acquired a legal or beneficial ownership interest in Braskem ADRs during the Class Period (March 21, 2019 through July 8, 2020).
This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.
New to the terms? Plain-English: claim deadline, proof of purchase, administrator, pro rata.
Important dates
- Claim deadline
- April 19, 2023 (closed)
- Exclusion deadline
- April 3, 2023 (passed)
- Objection deadline
- April 19, 2023 (passed)
Proof requirements
Proof requirement is currently marked as Yes.
Review the official claim form before submitting any information.
How to file this claim
- Confirm you purchased or acquired Braskem ADRs during the Class Period (March 21, 2019 through July 8, 2020)
- Obtain the Proof of Claim and Release Form from the settlement website at www.strategicclaims.net/Braskem or request it by mail, phone, fax, or email from the Claims Administrator
- Complete and submit the Proof of Claim form with all required supporting documentation
- Submit the completed form either electronically at www.strategicclaims.net/Braskem or by mail to the Claims Administrator at Braskem S.A. Securities Litigation, c/o Strategic Claims Services, 600 N. Jackson Street, Suite 205, P.O. Box 230, Media, PA 19063
Documents you'll need
Watch out for
- Filing nothing releases all your claims against the defendants but pays you nothing — you must affirmatively submit a claim to receive any recovery
- If you wanted to exclude yourself from the settlement to preserve the right to sue separately, that exclusion deadline has passed
- The settlement fund is shared among all valid claimants, so your individual recovery depends on how many valid claims are submitted
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
How do I file a claim for this settlement?
This record no longer has an open public claim form — confirm the current status and any next steps on the official source.
- Confirm you are within the eligible group described in the official notice — the settlement administrator determines eligibility.
- Gather any documents the official form asks for — this settlement marks proof as Yes.
- Open the official claim form or settlement website run by Strategic Claims Services.
- Submit accurate information through the official settlement administrator or government source before April 19, 2023.
- Save your confirmation number if one is provided, then watch the payment status for distribution updates.
New to settlement claims? How to file safely →
Worried it might be fake? Run the 60-second legitimacy check →
How we verified this record
- Claim deadline the official settlement website · Jun 18, 2026
- Payout details the official settlement website · Jun 18, 2026
- Eligibility the official settlement website · Jun 18, 2026
- Proof requirement the official settlement website · Jun 18, 2026
- Administrator the official settlement website · Jun 18, 2026
- Court case the official settlement website · Jun 18, 2026
- Official claim link queued for re-check
- Payment status queued for re-check
Every published record clears our source-verification bar; remaining fields are checked one by one on our weekly re-verification pass.
Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.
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Claim deadline
April 19, 2023
Verified Jun 18, 2026 · against the official settlement website
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Eligibility summary
All persons or entities who purchased or otherwise acquired a legal or beneficial ownership interest in Braskem ADRs during the Class Period (March 21, 2019 through July 8, 2020).
Verified Jun 18, 2026 · against the official settlement website
-
Proof requirement
Yes
Verified Jun 18, 2026 · against the official settlement website
To be considered for recovery, you must submit a Proof of Claim.
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Estimated payout
Settlement Fund of $3,000,000 in cash, less attorneys' fees and expenses, distributed to Settlement Class Members who submit valid Proof of Claim.
Verified Jun 18, 2026 · against the official settlement website
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Administrator
Strategic Claims Services
Verified Jun 18, 2026 · against the official settlement website
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Court
United States District Court for the District of New Jersey
Verified Jun 18, 2026 · against the official settlement website
Show all 6 more verified fields
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Objection deadline
April 19, 2023
Verified Jun 18, 2026 · against the official settlement website
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Opt-out deadline
April 3, 2023
Verified Jun 18, 2026 · against the official settlement website
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Class period start
March 21, 2019
Verified Jun 18, 2026 · against the official settlement website
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Class period end
July 8, 2020
Verified Jun 18, 2026 · against the official settlement website
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Court case number
2:20-cv-11366-CCC-ESK
Verified Jun 18, 2026 · against the official settlement website
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Case name
Coutinho v. Braskem S.A., et al.
Verified Jun 18, 2026 · against the official settlement website
Common questions
Is the Braskem settlement legitimate?
Yes — the Braskem settlement is a real claims process that SettleSignal tracks from its official source. It is administered by Strategic Claims Services under case 2:20-cv-11366-CCC-ESK in United States District Court for the District of New Jersey. File only through the official settlement website (www.strategicclaims.net); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on June 18, 2026. Always confirm the current details on the official site before filing.
Who may qualify for this settlement?
All persons or entities who purchased or otherwise acquired a legal or beneficial ownership interest in Braskem ADRs during the Class Period (March 21, 2019 through July 8, 2020).
What is the claim deadline?
The claim deadline is April 19, 2023. Confirm the current deadline on the official settlement source before filing.
Do I need proof to claim?
Proof requirement: Yes. The settlement administrator determines what documentation, if any, is required.
What is the current payment status?
Current payment status: Unknown. Payments are issued by the administrator after the court process concludes.
When will Braskem pay out?
Current payment status: Unknown. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.
Where is the official Braskem claim form?
The official claim form is hosted by the settlement administrator, Strategic Claims Services. Use the 'Open official claim form' button on this page — never pay a fee to file.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
The claim deadline (Apr 19, 2023) has passed — this settlement is closed to new claims. Listed for reference.
Listed on the official settlement website (Strategic Claims Services).
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Disclaimer
This service summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. Only file a claim if the information you provide is accurate.
Change log
- June 19, 2026 — Settlement published after verification.
- June 18, 2026 — Verified field details updated from an official source.