Shareholder Alert: Robbins LLP Announces It Is Investigating Sasol Limited (SSL)
Sasol Ltd. American Depositary Shares (SSL)
US:NYSE Investor Relations:
sasol.com/investor-centre/overview
Company Research
Source: Business Wire
SAN DIEGO & SANDTON, South Africa--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces that it is investigating Sasol Limited (NYSE: SSL) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders. Sasol operates as an integrated chemical and energy company in South Africa.If you suffered a loss as a result of Sasol's misconduct, click here.Did Sasol Limited (SSL) Mislead Shareholders? In October 2014, Sasol announced the construction of an $8.1 billion ethane cracker and derivatives complex named the Lake Charles Chemicals Project ("LCCP"). On May 22, 2019, Sasol increased the LCCP's cost estimate to a range of $12.6 to $12.9 billion, citing corrections on several aspects of the project. However in October 2019, Sasol disclosed that a review of the LCCP brought to light "errors, omissions, and inaccuracies in the [LCCP] cost estimate" as well as a number of unethical
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News
- SASOL LIMITED: RESIGNATION OF CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR [Yahoo! Finance]Yahoo! Finance
- SASOL LIMITED: RESIGNATION OF CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTORPR Newswire
- Individual investors who have a significant stake must be disappointed along with institutions after Sasol Limited's (JSE:SOL) market cap dropped by R20b [Yahoo! Finance]Yahoo! Finance
- Sasol Slumps After Flagging Disruptions at S. African Sites [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Zuma's Party Wants to Nationalize Land, Mines in South Africa [Financial Post (Toronto, Ontario, Canada)]Financial Post
SSL
Sec Filings
- 5/2/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- SSL's page on the SEC website