Clariant AG (OTC: CLZNY)

This investigation is for anyone who acquired securities in Clariant AG (OTC: CLZNY) prior to February 14, 2022.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by booking sales that did not exist in order to manipulate the Company’s books to meet the Company’s financial goals.

On February 14, 2022, Clariant disclosed that it would delay the release of its fourth quarter and full year 2021 financial results due to an internal “investigation into accounting matters related to the booking of provisions and accruals during the financial years 2020 and 2021.” Specifically, the investigation ”is reviewing whether employees incorrectly booked those provisions and accruals, with the aim of steering the Company’s results to meet internal and external targets.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. .

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Clariant AG (OTC: CLZNY) prior to February 14, 2022 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.