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Stanford Law School Securities Class Action Clearinghouse a Collaboration with Cornerstone Research

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Chemtura Corporation

Case Summary

Chemtura Corporation Securities Litigation

Case Summary

Case Status:    DISMISSED    
On or around 03/24/2017 (Stipulation and order of dismissal (voluntary dismissal))

Filing Date: November 17, 2016

Chemtura Corporation is a global specialty chemicals company with products in the transportation, energy and agriculture markets.

According to the Complaint, this action stems from a Proposed Transaction announced on September 26, 2016, pursuant to which Chemtura will be acquired by Lanxess Deutschland GmbH and Lanxess Additives Inc.

The Complaint alleges the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

On March 24, 2017, pursuant to a Stipulation by the parties, this case was ordered dismissed.

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