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Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Tronox Holdings plc (TROX) Shareholders
Globenewswire· 2025-09-16 21:12
Core Viewpoint - Tronox Holdings plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 12, 2025, and July 30, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and forecasting capabilities [2] - Tronox's financial results for Q2 2025 revealed a significant decline in TiO2 sales, attributed to a softer coatings season and increased competition, leading to a lowered financial outlook and a 60% reduction in dividends [2] - Following the announcement, Tronox's stock price plummeted from $5.14 to $3.19 per share, a decline of approximately 38% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4]
Tronox Holdings PLC (TROX) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-16 20:09
Core Viewpoint - Investors in Tronox Holdings PLC have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's ability to forecast demand and maintain margin projections [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that from February 12, 2025, to July 30, 2025, Tronox failed to disclose its inability to adequately forecast demand for its pigment and zircon products [2]. - The complaint states that the company continued to promote unrealistic margin projections that depended on increased sales volumes, which were not substantiated [2]. - As a result, the positive statements made by the defendants about the company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Participation Information - Investors who suffered losses related to Tronox are encouraged to participate in the ongoing lawsuit before the lead plaintiff deadline of November 3, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the class action [3][4].
Contact Levi & Korsinsky by November 3, 2025 Deadline to Join Class Action Against Tronox Holdings plc(TROX)
Prnewswire· 2025-09-16 12:45
Core Viewpoint - Tronox Holdings plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 12, 2025, and July 30, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and forecasting processes, which ultimately led to declining sales and increased costs [2]. - On July 30, 2025, Tronox reported a significant reduction in TiO2 sales for the second quarter, attributing the decline to a softer coatings season and heightened competition, which resulted in a lowered financial outlook and a 60% reduction in dividends [2]. - Following the announcement, Tronox's stock price plummeted from $5.14 to $3.19 per share, marking a decline of approximately 38% in just one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
Did You Lose Money in Tronox Holdings PLC? If You Suffered Significant Financial Loss in TROX Contact Robbins LLP for Information About Leading the TROX Class Action Lawsuit
Prnewswire· 2025-09-16 03:38
Group 1 - A class action has been filed against Tronox Holdings PLC (NYSE: TROX) for failing to disclose accurate business prospects during the period from February 12, 2025, to July 25, 2025 [1][2] - The complaint alleges that Tronox misrepresented its revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [2] - On July 30, 2025, Tronox reported a significant decline in TiO2 sales, attributing it to a weaker coatings season and increased competition, leading to a 60% reduction in its dividend and a drop in stock price from $5.14 to $3.19, a decline of approximately 38% [3] Group 2 - Shareholders interested in participating in the class action must file their papers by November 3, 2025, to serve as lead plaintiff [4] - Robbins LLP, the firm handling the case, operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5]
ROSEN, A LEADING LAW FIRM, Encourages Tronox Holdings plc Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – TROX
Globenewswire· 2025-09-16 03:30
Group 1 - The Rosen Law Firm is reminding purchasers of Tronox Holdings plc common stock from February 12, 2025, to July 30, 2025, about the lead plaintiff deadline on November 3, 2025 [1][2] - Investors who purchased Tronox common stock during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3] - A class action lawsuit has already been filed against Tronox, alleging that the company provided misleading statements about its commercial division and failed to accurately forecast demand for its products, leading to investor damages [5] Group 2 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4] - The firm has been recognized for its performance in securities class action settlements, including a record settlement against a Chinese company and ranking highly in the number of settlements since 2013 [4] - Investors are informed that no class has been certified yet, and they have the option to select their counsel or remain absent from the class [7]
Tronox Announces Pricing of $400 Million Aggregate Principal Amount of 9.125% Senior Secured Notes
Prnewswire· 2025-09-15 22:30
Core Viewpoint - Tronox Holdings plc has announced the pricing of its offering of $400 million aggregate principal amount of 9.125% Senior Secured Notes due 2030 [1] Group 1 - Tronox Incorporated, a wholly owned subsidiary of Tronox Holdings, is the issuer of the Senior Secured Notes [1] - The notes have a fixed interest rate of 9.125% and are set to mature in 2030 [1] - The total amount of the offering is $400 million [1]
November 3, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against TROX
Globenewswire· 2025-09-15 20:01
Core Viewpoint - Tronox Holdings plc is facing a class action lawsuit due to allegations of providing misleading statements about its financial health and sales forecasts, leading to a significant drop in stock price following disappointing financial results [3][4]. Summary by Relevant Sections Company Performance - Tronox's financial results for Q2 2025 revealed a significant reduction in TiO2 sales, attributed to a softer coatings season and increased competition [3]. - The company revised its full-year revenue guidance downward and reduced its dividend by 60% following the sales decline [3]. Stock Market Impact - Following the announcement of poor financial results, Tronox's stock price plummeted from $5.14 per share on July 30, 2025, to $3.19 per share on July 31, 2025, marking a decline of approximately 38% in just one day [3]. Legal Proceedings - Shareholders who purchased shares of Tronox during the class period from February 12, 2025, to July 30, 2025, are encouraged to register for the class action lawsuit [4]. - The deadline for shareholders to seek lead plaintiff status is November 3, 2025 [4].
Deadline Alert: Tronox Holdings PLC (TROX) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-15 16:00
Core Viewpoint - Tronox Holdings PLC is facing a class action lawsuit due to significant financial losses and misleading statements made by the company regarding its business operations and financial outlook during the Class Period from February 12, 2025, to July 30, 2025 [1][4]. Financial Performance - On July 30, 2025, Tronox reported a substantial decline in sales for its TiO2 product, attributing this to a "softer than anticipated coatings season and heightened competitive dynamics" [2]. - The company revised its 2025 financial outlook, lowering its full-year revenue guidance and cutting its dividend by 60% [2]. Stock Market Reaction - Following the release of the disappointing financial results, Tronox's stock price plummeted by $1.95, or 37.9%, closing at $3.19 per share on July 31, 2025, resulting in significant losses for investors [3]. Allegations in the Lawsuit - The class action complaint alleges that Tronox made materially false and misleading statements and failed to disclose adverse facts about its business and operations [4]. - Specific allegations include the company's inability to accurately forecast demand for its products and the promotion of unrealistic margin projections based on expected sales volume increases [4].
Class Action Filed Against Tronox Holdings plc (TROX) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-09-15 12:45
Core Viewpoint - Tronox Holdings plc (NYSE: TROX) is facing a class action lawsuit due to allegations of providing misleading statements about its financial health and sales forecasts, leading to a significant drop in stock price following disappointing financial results [1][2]. Summary by Sections Allegations - The complaint claims that Tronox made overly positive statements while concealing adverse facts about its ability to forecast demand for its products, particularly in its commercial division [1]. - Despite optimistic long-term projections, the company's forecasting processes failed, resulting in declining sales and increased costs, which ultimately affected revenue projections [1]. Financial Impact - On July 30, 2025, Tronox reported a significant reduction in TiO2 sales, attributing the decline to a weaker coatings season and increased competition [1]. - Following the announcement, Tronox lowered its full-year revenue guidance and cut its dividend by 60%, leading to a dramatic stock price drop from $5.14 to $3.19 per share, a decline of approximately 38% in one day [1]. Class Action Details - Shareholders who purchased shares during the class period from February 12, 2025, to July 30, 2025, are encouraged to register for the class action, with a lead plaintiff deadline set for November 3, 2025 [2]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [2].
Tronox Announces Proposed Offering of Senior Secured Notes
Prnewswire· 2025-09-15 12:00
Core Viewpoint - Tronox Holdings plc intends to offer senior secured notes due 2030 to qualified institutional buyers and certain offshore investors, with proceeds aimed at repaying existing borrowings and covering offering expenses [1][2]. Group 1: Company Overview - Tronox Holdings plc is a leading producer of high-quality titanium products, including titanium dioxide pigment and specialty-grade titanium dioxide products, with operations spanning six continents and approximately 6,500 employees [4]. Group 2: Financial Strategy - The net proceeds from the notes offering will be used primarily to repay existing borrowings under revolving credit facilities, with any excess allocated for general corporate purposes [1]. - The offering is subject to market conditions and customary closing conditions [1]. Group 3: Regulatory Information - The notes and related guarantees will not be registered under the Securities Act, and their sale in the U.S. will be limited to exemptions from registration requirements [2]. - This announcement does not constitute an offer to sell or a solicitation to buy any securities [3].