Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Platform Specialty Products Corporation (NYSE: PAH) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Platform Specialty Products Corporation (NYSE: PAH) concerning whether a series of statements by Platform Specialty Products Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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.
Based in Miami, Florida, and founded in 1922 Platform Specialty Products Corporation produces and sells specialty chemical products.
If you purchased shares of Platform Specialty Products Corporation (NYSE: PAH) on or before March 11, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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