FMC (FMC) Prnewswire·2025-02-24 10:45Core 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].