NEW YORK--(BUSINESS WIRE)--
The Klein Law Firm announces the commencement of an investigation of Rayonier Advanced Materials Inc. (NYSE:RYAM) concerning possible violations of federal securities laws.
On August 18, 2015, Rayonier told investors that the Company filed an action against Eastman Chemical Company regarding its “chemical cellulose specialty products contract with Eastman.” On August 19, 2015, Rayonier issued a press release further explaining the dispute, stating that the contract at issue involved the “meet or release” provisions of the agreement, which allowed Eastman to obtain “third party offers that meet the requirements of the Supply Agreement for similar cellulose specialties products, and would require [Rayonier] to either meet such price or release the volume, thereby allowing Eastman to purchase the volume from the third party.”
If you suffered a loss in Rayonier and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/RYAM-Info-Request-Form-207.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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