NEW YORK, March 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of FMC Corporation (NYSE: FMC).Shareholders who purchased shares of FMC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/fmc-corporation-loss-submission-form/?id=132975&from=4 CLASS PERIOD: November 16, 2023 to Feb ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased FMC Corporation securities between November 16, 2023, and February 4, 2025, of the April 14, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased FMC securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 14, 2025 [2] - The lawsuit alleges that FMC made false and misleading statements regarding its channel management initiatives and pricing strategies, leading to inflated inventory levels in various regions [4] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3] - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [3]

Employment and Workforce - As of December 31, 2024, the company employed approximately 5,700 people, with 41% in Asia, 26% in Europe, Middle East & Africa, 21% in North America, and 12% in Latin America[62] Safety and Sustainability Goals - The company's Total Recordable Incident Rate is 0.0995, placing it among the safest organizations in the chemical industry globally[67] - The company aims for 100% research and development spend on sustainably advantaged products by 2025, with a total recordable incident rate of less than 0.1[68] - By 2030, the company targets a 42% reduction in Scopes 1 and 2 greenhouse gas emissions and a 25% reduction in Scope 3 emissions[68] - The company has established 2025 and 2035 sustainability goals aligned with the UN Sustainable Development Goals, including net-zero greenhouse gas emissions by 2035[68] Financial Performance - Revenue for 2024 was $4,246.1 million, a decrease of 5.4% compared to $4,486.8 million in 2023[289] - Gross margin for 2024 was $1,648.9 million, down from $1,831.0 million in 2023, reflecting a decline of 9.9%[289] - Net income attributable to FMC stockholders for 2024 was $341.1 million, a significant decrease of 74.1% from $1,321.5 million in 2023[291] - Basic earnings per share for continuing operations in 2024 was $3.22, compared to $11.34 in 2023, representing a decline of 71.6%[289] - Comprehensive income attributable to FMC stockholders for 2024 was $337.0 million, down from $1,374.6 million in 2023, a decline of 75.5%[291] - Net income for 2024 was $341.6 million, a decrease of 74.1% compared to $1,321.0 million in 2023[300] Assets and Liabilities - Total assets decreased to $11,653.3 million in 2024 from $11,926.2 million in 2023, a reduction of 2.3%[298] - Total liabilities decreased to $7,164.4 million in 2024 from $7,418.1 million in 2023, a decrease of 3.4%[298] - Cash and cash equivalents increased to $357.3 million in 2024 from $302.4 million in 2023, an increase of 18.2%[298] - Trade receivables increased to $2,903.2 million in 2024, up from $2,703.2 million in 2023, reflecting a growth of 7.4%[298] Capital Expenditures and Investments - Capital expenditures for 2024 were $67.9 million, down from $133.9 million in 2023, indicating a reduction in investment[305] - The company paid dividends of $290.6 million in 2024, consistent with $290.5 million in 2023[305] Environmental and Restructuring Charges - Environmental charges for the year ended December 31, 2024, amounted to $74.7 million, an increase from $66.9 million in 2023[417] - Restructuring charges for the year ended December 31, 2024, totaled $303.0 million, significantly higher than $48.4 million in 2023[405] - The company incurred $132.1 million in contract abandonment charges during 2024 as part of its restructuring efforts[410] Research and Development - Research and development expenses for 2024 were $278.0 million, down from $328.8 million in 2023, a decrease of 15.4%[289] - The company operates as a single business segment providing innovative solutions to growers globally[349] Revenue Recognition and Customer Contracts - The company recognizes revenue when the customer obtains control of the good or service, with rebates due to customers accrued as a reduction of revenue[337] - Receivables from contracts with customers increased by $220.2 million to $2,942.9 million as of December 31, 2024, compared to $2,722.7 million in 2023[386] Currency and Interest Rate Impact - A one percentage point increase in interest rates would increase gross interest expense by $2.6 million for the year ended December 31, 2024[285] - The foreign currency translation adjustments resulted in a loss of $53.6 million in 2024, compared to a gain of $29.7 million in 2023, indicating a significant negative shift[312] Legal and Regulatory Matters - The SEC's new climate-related disclosure rules will be effective for the company starting with annual reports for the year ending December 31, 2025[365] - The company is evaluating the impacts of the new income tax disclosure requirements effective for the year ended December 31, 2025[366] Divestitures and Acquisitions - Proceeds from the sale of the Global Specialty Solutions business amounted to $340.0 million in 2024[305] - A gain of $174.4 million, net of divestiture transaction costs, was recorded within "Restructuring and other charges (income)" for the year ended December 31, 2024[363] Environmental Provisions and Liabilities - The company accrued reserves for potential environmental obligations totaling $623.2 million and $601.8 million at December 31, 2024 and 2023, respectively[446] - Estimated reasonably possible environmental loss contingencies exceed accrued amounts by approximately $290.0 million as of December 31, 2024[447]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against FMC Corporation due to alleged violations of federal securities laws, encouraging affected investors to come forward [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is urging investors who suffered losses exceeding $100,000 in FMC between November 16, 2023, and February 4, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against FMC, with a deadline of April 14, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Allegations Against FMC - The complaint alleges that FMC and its executives made false and misleading statements regarding the company's channel management initiatives and pricing strategies [4]. - It is claimed that FMC inflated inventory levels in various regions, including Latin America, Asia, Canada, and Eastern Europe, while misleading investors about the company's business prospects [4]. Group 3: Financial Performance and Market Reaction - On February 4, 2025, FMC reported fourth quarter 2024 financial results, missing revenue guidance and consensus estimates, attributing the shortfall to customers holding less inventory than historically [5]. - The CEO of FMC indicated that the company needs to significantly lower inventory levels and acknowledged facing pricing competition that led to missed sales opportunities [5]. - Following the earnings announcement, FMC's stock price dropped by $18.12, or 33.5%, closing at $35.92 per share on February 5, 2025, amid heavy trading volume [5].

Core Viewpoint - FMC Corporation is facing a class action lawsuit for allegedly misleading investors about its business prospects, resulting in a significant decline in stock price [1][5]. Group 1: Lawsuit Details - The class action lawsuit, titled Mohammed v. FMC Corporation, was filed in the Eastern District of Pennsylvania and seeks to represent individuals and entities who purchased FMC securities between November 16, 2023, and February 4, 2025 [2]. - The lawsuit claims that FMC made false and misleading statements and failed to disclose critical information regarding its performance, particularly related to its channel management initiatives [3][5]. Group 2: Financial Performance - On February 4, 2025, FMC reported its fourth-quarter 2024 financial results, missing its previously announced full fiscal year revenue guidance and consensus estimates, attributing the shortfall to lower-than-expected growth [4]. - Following the announcement of these disappointing results, FMC's stock price dropped by more than 33% [4]. Group 3: Allegations and Impact - Plaintiffs allege that the disclosures revealed the true extent of FMC's struggles, which had been concealed from investors, leading to significant financial harm when the truth was revealed [5]. - The lawsuit seeks damages for investors affected by the stock price decline, claiming that the alleged misrepresentations and omissions artificially inflated FMC's stock price during the class period [5].

NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in FMC Corporation ("FMC Corporation" or the "Company") (NYSE: FMC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of FMC Corporation investors who were adversely affected by alleged securities fraud between November 16, 2023 and February 4, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/fmc-corporation-la ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of FMC Corporation regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from November 16, 2023, to February 4, 2025 [1]. Group 1: Allegations - The complaint alleges that FMC's channel management initiatives were not progressing as represented [1]. - The company faced pricing pressure and decided not to compete on prices, opting to walk away from sales opportunities [1]. - FMC reportedly inflated inventory in channels across Latin America, Asia, Canada, and Eastern Europe [1]. - As a result of these issues, the positive statements made by the defendants about FMC's business and prospects were materially misleading [1]. Group 2: Class Action Details - Shareholders who purchased FMC shares during the specified class period are encouraged to register for the class action [2]. - The deadline for shareholders to seek lead plaintiff status is April 14, 2025 [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Viewpoint - A class action securities lawsuit has been filed against FMC Corporation, alleging securities fraud that affected investors between November 16, 2023, and February 4, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that FMC Corporation made false statements regarding its channel management initiatives, which were not progressing as claimed [2]. - It is alleged that the company faced pricing pressure and chose not to compete on prices, opting to walk away from sales opportunities [2]. - The complaint also states that FMC inflated inventory levels in various regions, including Latin America, Asia, Canada, and Eastern Europe [2]. - As a result of these actions, the positive statements made by the company about its business and prospects were misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant compensation for shareholders and has extensive expertise in securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Group 1 - The Law Offices of Frank R. Cruz announced that investors who suffered losses related to FMC Corporation have the opportunity to lead a securities fraud class action lawsuit [1] - The lawsuit alleges that between November 16, 2023, and February 4, 2025, FMC Corporation failed to disclose significant issues regarding its channel management initiatives and pricing strategies [2] - Specific allegations include that FMC Corporation's channel management initiatives were not progressing as represented, and the company chose not to compete on prices, leading to inflated inventory in various regions including LATAM, Asia, Canada, and Eastern Europe [2] Group 2 - Investors are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for April 14, 2025 [2] - The press release provides contact information for those interested in learning more about the lawsuit or their rights regarding the matter [3][4]

Core Viewpoint - A class action securities lawsuit has been filed against FMC Corporation, alleging securities fraud that affected investors between November 16, 2023, and February 4, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that FMC Corporation made false statements regarding its channel management initiatives, which were not progressing as claimed [2]. - It is alleged that the company chose not to compete on prices due to pricing pressure, resulting in missed sales opportunities [2]. - The complaint also states that FMC inflated inventory levels in various regions, including Latin America, Asia, Canada, and Eastern Europe [2]. - As a result of these actions, the positive statements made by the company about its business and prospects were misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request to be appointed as lead plaintiff in the case [3]. - Participation in the lawsuit does not require individuals to serve as lead plaintiffs, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].