Every dollar amount and date on this page is quoted from the official settlement document.
Braskem
Court case: Coutinho v. Braskem S.A., et al.
Braskem agreed to a $3 million settlement fund to resolve a securities class action over its American Depositary Receipts (ADRs). The case covered investors who purchased or otherwise acquired Braskem ADRs between March 21, 2019 and July 8, 2020. The claim filing window has closed.
Official eligibility wordingAll 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). Checked against the official settlement source by SettleSignal on June 18, 2026.
Key facts
- Who may qualify Investors who purchased or otherwise acquired a legal or beneficial interest in Braskem American Depositary Receipts (ADRs) between March 21, 2019 and July 8, 2020.
- Estimated payoutSettlement Fund of $3,000,000 in cash, less attorneys' fees and expenses, distributed to Settlement Class Members who submit valid Proof of Claim.
- Claim deadlineApril 19, 2023 (closed)
- Proof requiredYes
- What you needThe claim deadline passed on April 19, 2023, and no new claims are accepted.
- CourtUnited States District Court for the District of New Jersey
Important dates
How hard is this claim to file?
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.
Verify it yourself
How we verified this record
- Claim deadline
- Payout details
- Eligibility
- Proof requirement
- Administrator
- Court case
- 2 fields queued for re-check
7 official sources linked to this record.
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Claim deadline
April 19, 2023
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Eligibility summary Quoted in the official eligibility wording above ↑
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Proof requirement
Yes
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.
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Administrator
Strategic Claims Services
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Court
United States District Court for the District of New Jersey
Show all 6 more verified fields
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Objection deadline
April 19, 2023
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Opt-out deadline
April 3, 2023
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Class period start
March 21, 2019
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Class period end
July 8, 2020
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Court case number
2:20-cv-11366-CCC-ESK
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Case name
Coutinho v. Braskem S.A., et al.
Where to act
