Kraton Corporation

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Kraton Corporation
Stock Symbol : NYSE: KRA
Class Period Start: 10/25/2017
Class Period End: 02/21/2018
Lead Plaintiff motion: 04/27/2018
Date Filed: 02/26/2018
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of Texas
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the April 27, 2018 lead plaintiff deadline in a class action lawsuit filed against Kraton Corp (NYSE: KRA) (“Kraton” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Texas and investors, who purchased Kraton Corporation securities between October 25, 2017 and February 21, 2018, have until April 27, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Kraton Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Kraton was transitioning customers to Brazilian-produced Cariflex even though certain customers had already rejected that product; Kraton’s Brazilian-produced Cariflex was available to customers when in fact certain customers had already rejected that product; Kraton lacked effective internal controls over financial reporting; and as a result, defendants’ statements about Kraton’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On February 20, 2018, Kraton revealed its Q4 and year end results for 2017, stating "certain customers notified" the company during the fourth quarter that "they were experiencing issues processing" the company's Cariflex material.

On this news, NYSE: KRA fell more than 15% to close at $43.10 per share on February 21, 2018, thereby injuring investors.

If you were negatively impacted by your investment in Kraton Corporation securities between October 25, 2017 and February 21, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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