SEC Litigation Release No. 23705 — Braskem S.A.

Issuer: U.S. Securities and Exchange Commission
Date: December 21, 2016
Type: Official document · primary source
Access: full text examined · accessed on Oct. 24, 2026
Original: www.sec.gov/enforcement-litigation/litigation-releases/lr-23705

What we extracted from this document (1)

SEC (Litigation Release 23705, December 21, 2016): Braskem's global settlement with the SEC, DOJ, and authorities in Brazil and Switzerland of US$957 million, including disgorgement of US$325 million (US$65 million to the SEC and US$260 million to Brazilian authorities) and more than US$632 million in criminal penalties.

Official documentProven in a document

Source: SEC Litigation Release No. 23705 — Braskem S.A. — U.S. Securities and Exchange Commission, Dec. 21, 2016 · text of the release · open original ↗

Official document (primary) · full text examined · accessed on Oct. 24, 2026

Limitations: The release concerns Braskem only. The division of the criminal portion among the DOJ, Brazil, and Switzerland was not read in an open source.