FMC (US:FMC) Prnewswireยท2025-02-20 10:45Core Viewpoint - FMC Corporation is facing allegations of issuing materially false and misleading statements during the class period from November 16, 2023, to February 4, 2025, which has led to potential legal action by shareholders [1][2]. Group 1: Allegations Against FMC Corporation - The complaint alleges that FMC's channel management initiatives were not progressing as represented [1]. - The company reportedly decided not to compete on prices due to pricing pressure, leading to missed sales opportunities [1]. - There are claims of inflated inventory in channels across Latin America, Asia, Canada, and Eastern Europe [1]. - As a result of these issues, positive statements made by the company regarding its business and operations were deemed materially misleading [1]. Group 2: Shareholder Actions - Shareholders who purchased FMC shares during the specified class period are encouraged to register for potential lead plaintiff appointment [1][2]. - The deadline for shareholders to seek lead plaintiff status is April 14, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to 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].