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Chemtura Corp (NYSE:CHMT) Investor Lawsuit Against Acquistion By LANXESS AG

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Lawsuit Overview

December 30, 2016 (Shareholders Foundation) - An investor who currently holds shares of Chemtura Corp (NYSE:CHMT), filed a lawsuit in effort to halt the proposed takeover of Chemtura Corp. by LANXESS AG for $33.50 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:CHMT stockholders by agreeing to sell Chemtura Corp. too cheaply via an unf...



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