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SASOL LIMITED SHAREHOLDER ALERT By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Sasol Limited – SSL

Post a Fraud Alert:

Kahn Swick Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 6, 2020 to file lead plaintiff applications in a securities class action lawsuit against Sasol Limited (NYSE:SSL), if they purchased the Company’s securities between March 10, 2015, and January 13, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased securities of Sasol and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-ssl/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 6, 2020.

About the Lawsuit

Sasol and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On January 14, 2020, following a series of other negative disclosures during the class period, the Company confirmed that on January 13, 2020, the Company “experienced an explosion and fire at its LCCP low-density polyethylene (LDPE) unit” and that “an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit’s [beneficial operation] schedule.”

On this news, the price of Sasol’s shares fell, injuring shareholders.

The case is Moshell v. Sasol Limited, et al, 20cv1008.

About Kahn Swick Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Article source: https://www.benzinga.com/pressreleases/20/02/b15370648/sasol-limited-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-i