Bronstein, Gewirtz & Grossman, LLC Announces Investigation of  Sasol Limited (SSL)

NEW YORK, NY / ACCESSWIRE / January 20, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sasol Limited ("Sasol" or the Company") (NYSE:SSL). Investors who purchased Sasol securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ssl.

The investigation concerns whether Sasol and certain of its officers and/or directors have violated federal securities laws.

On January 14, 2020, Sasol issued a press release confirming that on January 13, 2020, the Company "experienced an explosion and fire at its LCCP low-density polyethylene (LDPE) unit" of its Lake Charles chemicals project in Louisiana. Sasol stated that "[t]he unit was in the final stages of commissioning and startup when the incident occurred" and "has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's [beneficial operation] schedule." On this news, Sasol's American depositary receipt price fell $1.70 per share, or 7.84%, over the following two trading days, closing at $19.99 per share on January 15, 2020.

If you are aware of any facts relating to this investigation, or purchased Sasol shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ssl. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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