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Moshell v. Sasol Limited et al
Case Number:
1:20-cv-01008
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Glancy Prongay
- Hach Rose Schirripa
- Hagens Berman
- Keller Postman
- Levi & Korsinsky
- Pomerantz LLP
- Weil Gotshal
Companies
Sectors & Industries:
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August 19, 2022
Hagens Berman Nabs $5.3M In Fees Over Sasol Investor Deal
Attorneys who represented investors in South African energy and chemical company Sasol Ltd. will get nearly $5.3 million for their work on the case after brokering a $24 million settlement deal with the company to end claims it hid risks taken as it built a facility in Louisiana.
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April 06, 2022
Sasol To Pay $24M To Investors Over La. Plant Costs
South African energy and chemical company Sasol Ltd. has agreed to pay $24 million to end investors' claims that the company and five of its former executives hurt investors by covering up cut corners and unnecessary risks taken to finish a facility in Louisiana.
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February 25, 2022
Chemical Co. To Settle With Investors Over La. Plant Costs
South African chemical company Sasol Ltd. has reached a provisional settlement with investors alleging mismanagement of a Louisiana gas-to-liquids plant the company was building led to drops in stock prices, the parties told a New York federal court.
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December 16, 2020
Weil Says Hagens Berman Faked Witness Claims In Stock Suit
A team of Weil attorneys representing a South African chemical company has accused investors' attorneys from Hagens Berman of submitting false accounts from confidential witnesses to prop up their claims in their multibillion-dollar securities suit.
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August 25, 2020
Rakoff Says Sasol And Ex-Execs Can't Escape Plant Cost Suit
South African energy company Sasol and five of its former executives must continue to face a proposed securities class action alleging they hid ballooning costs at a natural gas facility it was building in Louisiana, a federal judge in Manhattan determined on Monday.
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May 05, 2020
Hagens Berman Named Lead Counsel In Sasol Investor Suit
A New York federal judge appointed Hagens Berman Sobol Shapiro LLP as lead counsel in a proposed class action against South African chemical company Sasol Ltd., in which investors allege the company's mismanagement of its Louisiana gas-to-liquids plant, including a recent fire, led to drops in stock prices.