[July 01, 2015]

July 6 Deadline Alert: Law Offices of Howard G. Smith Alerts Rayonier Advanced Materials, Inc. Investors of the Upcoming Deadline

Law Offices of Howard G. Smith alerts investors of the July 6, 2015 deadline in the class action filed on behalf of investors of Rayonier Advanced Materials, Inc. ("RYAM" or the "Company") (NYSE: RYAM) who purchased shares from June 30, 2014 and January 28, 2015, inclusive (the "Class Period"). The class action concerns the Company's and its officers' possible violations of federal securities laws, and the subsequent damage to RYAM investors. RYAM investors are encouraged to contact Howard G. Smith, Esq. to discuss their legal rights in the pending class action.

RYAM previously operated as the "Performance Fibers" subsidiary of Rayonier, Inc. On June 30, 2014, Rayonier, Inc. completed the spin-off of its Performance Fibers business, resulting in RYAM's existence as an independent, publicly traded company.

The Complaint alleges that throughout the Class Period, Defedants misled investors and/or failed to disclose that RYAM improperly recorded and/or failed to record on its publicly issued financial statements material liabilities for environmental remediation and related obligations in violation of Generally Accepted Accounting Principles ("GAAP"). RYAM also failed to provide sufficient disclosure to investors to permit a meaningful evaluation of the true scope and extent of these environmental remediation and related liabilities, which were associated with decades of environmental pollution. These materially misleading misstatements and omissions regarding the Company's financial results occurred, in large part, because of Defendants incorrectly accounted for its remediation and long-term monitoring and maintenance for environmental liabilities; and, thereby understated its Environmental Reserves and reasonably estimable environmental remediation and related liabilities as required by GAAP. As a result of Defendants wrongful acts and omissions, and the resulting drop in the value of RYAM's share price, investors have suffered significant damages.

If you purchased shares of RYAM during the Class Period, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150701006153/en/

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