Platform Specialty Products Corporation

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Case Summary
Company Name: Platform Specialty Products Corporation
Stock Symbol : NYSE: PAH
Class Period Start: 02/17/2015
Class Period End: 03/14/2016
Lead Plaintiff motion: 06/01/2016
Date Filed: 03/30/2016
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of Florida
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the June 1, 2016 lead plaintiff deadline in a class action lawsuit filed against Platform Specialty Products Corporation (NYSE: PAH) (“Platform” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Florida and investors, who purchased Platform Specialty Products Corporation securities between February 17, 2015 and March 14, 2016, have until June 1, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Platform Specialty Products 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 Arysta had made improper third-party payments in West Africa; that the foregoing payments were unlawful under the U.S. Foreign Corrupt Practices Act (“FCPA”); and as a result of the foregoing, Platform’s public statements were materially false and misleading at all relevant times.

On March 11, 2016, Platform Specialty Products Corporation disclosed that the unaudited Financial Statements for the three and nine months ended September 30, 2015 and the unaudited Consolidated Balance Sheet as of September 30, 2015 that were previously included in the Company's quarterly report on Form 10-Q for the quarter ended September 30, 2015 (the "Q3 Form 10-Q") should no longer be relied upon; resulting from an error related to its income tax provision for the quarter ended September 30, 2015.

Platform Specialty Products Corporation also disclosed that it is conducting a foreign bribery investigation of third-party payments in West Africa. Platform Specialty Products Corporation stated that the payments to third-party agents by Arysta LifeScience, a recently acquired company, might have violated the Foreign Corrupt Practices Act.

Following this news, NYSE: PAH shares dropped $0.28 per share, or 3.16%, to close at $8.57 on March 14, 2016, the following trading day.

If you were negatively impacted by your investment in Platform Specialty Products Corporation securities between February 17, 2015 and March 14, 2016 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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