Sasol Class Action Reminder: Johnson Fistel, LLP Encourages Investors Who Suffered Losses Exceeding $75,000 In Sasol Limited ...

SAN DIEGO, March 9, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of shareholders of Sasol Limited ("Sasol" or the "Company") (NYSE: SSL) purchasing securities between March 10, 2015 and January 13, 2020, inclusive (the "Class Period"). If you wish to serve as lead plaintiff in this class action, you must move the Court no later than April 6, 2020. 

[click here to join this action]

According to the lawsuit, defendants throughout the Class Period made false and misleading statements and failed to disclose that: (1) Sasol had conducted insufficient due diligence into and failed to account for multiple issues with, the Lake Charles Chemicals Project ("LCCP"), as well as the true cost of the project; (2) construction and operation of the LCCP, was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (3) these issues were exacerbated by Sasol's top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project's oversight; (4) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you purchased Sasol between March 10, 2015 and January 13, 2020, inclusive, or if you have questions about this notice, please contact Jim Baker ([e-mail]) by email or phone at 619-814-4471. If emailing, please include a phone number.

Additionally, you can [click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[e-mail]

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SOURCE Johnson Fistel, LLP

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