LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors of Chemical and Mining Company of Chile, Inc. (“Chemical and Mining Company” or the “Company”) (NYSE:SQM). The lawsuit alleges violations of federal securities laws on behalf of a class (the “Class”) comprising purchasers of Chemical and Mining Company securities traded on the New York Stock Exchange between March 4, 2014 and March 17, 2015, inclusive (the “Class Period”).
Please contact Lesley Portnoy at (888) 773-9224 or (310) 201-9150, or at email@example.com to discuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
Santiago, Chile-based Chemical and Mining Company is engaged in the production and distribution of specialty plant nutrients, lithium, potassium sulfate, industrial chemicals and other commodity fertilizers. The Complaint alleges that defendants misrepresented or failed to disclose material information concerning the Company’s operations, including that: (1) money from Chemical and Mining Company was channeled illicitly to electoral campaigns for the Independent Democratic Union, Chile’s largest conservative party; (2) the Company lacked adequate internal controls over financial reporting; and (3), as a result of the foregoing, Chemical and Mining Company’s financial statements were materially false and misleading at all relevant times.
If you are a member of the Class described above, you may move the Court no later May 18, 2015, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 201-9150, by e-mail to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
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