Tronox Faces Class Action Lawsuit Over Alleged Securities Fraud
Tronox Holdings plc faces a class action lawsuit over alleged securities fraud. The lawsuit claims the company made false statements about its demand forecasting and commercial division's health between February 12, 2025 and July 30, 2025. Tronox's stock price plummeted by approximately 38% following a revised financial outlook.
The lawsuit, filed on behalf of affected investors, alleges that Tronox misled investors about its ability to predict demand for its products and the true state of its commercial division. Levi & Korsinsky, LLP is representing the investors in this complex litigation.
Tronox's financial outlook was revised in late July, with the company lowering its full-year revenue guidance and slashing its dividend by 60%. This revision was due to a setback in sales and increasing costs, particularly in TiO2 sales for the second quarter of fiscal 2025. Investors who suffered losses during the relevant period have until November 3, 2025 to request appointment as lead plaintiff in the lawsuit. There is no cost or obligation to participate for class members.
The lawsuit against Tronox Holdings plc is ongoing, with the plaintiff's identity not yet publicly specified. The company's stock price took a significant hit following the revised financial outlook, highlighting the potential impact of the alleged misstatements on investors.
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