Core Insights - FutureFuel Corp. has announced the retirement of its CEO Tom McKinlay, who has significantly contributed to the company's success since 2017 [2] - Roeland Polet will succeed Tom McKinlay as the new CEO effective September 3, 2024 [3] Company Overview - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuels [4] - The company produces custom chemicals for specific customers and performance chemicals for multiple customers, including proprietary intermediates and polymer modifiers [4] - FutureFuel's biofuels segment primarily focuses on the production and sale of biodiesel [4]

Group 1 - The Portnoy Law Firm is advising investors of FutureFuel Corp. regarding a lawsuit for those who purchased securities between August 10, 2023, and May 10, 2024, with a lead plaintiff motion deadline of August 23, 2024 [1][2] - FutureFuel disclosed on May 10, 2024, that it identified a correction needed for its historical consolidated statements of cash flows, leading to allegations of inadequate internal controls and misstated financial statements [3] - The lawsuit claims that statements made by FutureFuel regarding its business and operations were materially false and misleading, resulting in damages to investors when the true details were revealed [3]

Core Viewpoint - A class action lawsuit has been filed against FutureFuel Corp. for alleged violations of securities laws, specifically related to misleading financial statements and internal controls [1][3]. Group 1: Lawsuit Details - The lawsuit claims that FutureFuel made false and misleading statements regarding its internal controls and financial statements, which were materially misleading throughout the class period [3]. - Investors suffered damages when the truth about FutureFuel's financial practices was revealed [3]. Group 2: Investor Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not necessary to recover losses [2]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].

ATLANTA, Aug. 20, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against FutureFuel Corp. ("FutureFuel" or the "Company") (NYSE: FF). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information, regarding the Company's business, operations, and prospects, including allegations that: (1) FutureFuel did not have adequate internal controls; and (2) FutureFuel's financial statements were misstated. If you ...

Core Viewpoint - A class action lawsuit has been filed against Future Fuel Corp. for alleged misstatements and inadequate internal controls during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the U.S. District Court for the Eastern District of Missouri on behalf of investors who acquired Future Fuel securities from August 10, 2023, to May 10, 2024 [1]. - Investors have until August 23, 2024, to apply to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Allegations - The lawsuit alleges that Future Fuel did not have adequate internal controls [2]. - It is claimed that Future Fuel's financial statements were misstated [2]. - As a result of these issues, statements made by the defendants regarding the company's business, operations, and prospects were materially false and misleading [2].

Group 1 - FutureFuel Corp. appointed Richard P. Rowe as a Class B member of the Board of Directors effective August 13, 2024 [1] - Mr. Rowe has over 20 years of leadership experience in the specialty chemicals and materials industries, including serving as President and CEO of Arkema Inc. from July 2015 to November 2021 [2] - Mr. Rowe will be compensated according to the director compensation arrangements for 2024 and will receive an option to purchase 10,000 shares of the Company's common stock [4] Group 2 - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products [5] - The Company manufactures custom chemicals and performance chemicals, with a product portfolio that includes proprietary intermediates and polymer modifiers [5] - FutureFuel's biofuels segment primarily focuses on the production and sale of biodiesel [5]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In FutureFuel To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 investing in FutureFuel stock or options between August 10, 2023 and May 10, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www. ...

Core Points - FutureFuel Corp. announced the resignation of Rose M. Sparks from its Board of Directors, effective July 30, 2024, with no disputes or disagreements involved [1] - Mrs. Sparks has been a board member since 2019 and continues to serve as the chief financial officer of the Company [1] Company Overview - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products [2] - The chemicals business includes custom chemicals for specific customers and performance chemicals for multiple customers [2] - The custom chemicals portfolio features proprietary intermediates and chlorinated polyolefin adhesion promoters [2] - The performance chemicals portfolio includes polymer modifiers and small-volume specialty chemicals for various applications [2] - The biofuels segment primarily focuses on the production and sale of biodiesel [2]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against FutureFuel Corp due to alleged misleading statements and financial misstatements that have resulted in investor losses [2][4]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against FutureFuel, with a deadline of August 23, 2024, for investors to seek the role of lead plaintiff [2]. - The lawsuit claims that FutureFuel made false and misleading statements regarding its internal controls and financial statements, leading to investor damages when the truth was revealed [4]. Group 2: Financial Misstatements - On May 10, 2024, FutureFuel disclosed that certain previously issued financial statements contained errors and should be restated, specifically affecting cash flow statements for the year ended December 31, 2023, and the nine months ended September 30, 2023 [5]. - Following this disclosure, FutureFuel's stock price fell by $0.47, or 8.54%, closing at $5.03 per share on May 13, 2024 [5]. Group 3: Investor Communication - Faruqi & Faruqi encourages investors who suffered losses exceeding $50,000 between August 10, 2023, and May 10, 2024, to contact them for discussions regarding their legal rights [1]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding FutureFuel's conduct [7].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against FutureFuel Corp due to alleged misleading statements and financial misstatements that have resulted in investor losses [2][4]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against FutureFuel, with a deadline of August 23, 2024, for investors to seek the role of lead plaintiff [2]. - Investors who suffered losses exceeding $50,000 between August 10, 2023, and May 10, 2024, are encouraged to contact the law firm to discuss their legal rights [1][2]. Group 2: Allegations Against FutureFuel - The lawsuit claims that FutureFuel lacked adequate internal controls, and its financial statements were misstated, leading to materially false and misleading statements about its business and operations [4]. - On May 10, 2024, FutureFuel disclosed errors in its previously issued financial statements, which included cash flow statements for the year ended December 31, 2023, and for the nine months ended September 30, 2023 [5]. Group 3: Market Reaction - Following the disclosure of financial statement errors, FutureFuel's stock price fell by $0.47, or 8.54%, closing at $5.03 per share on May 13, 2024 [5].