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The Gross Law Firm Notifies FMC Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - FMC
FMC FMC (US:FMC) Prnewswireยท2025-03-03 10:45

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, leading to missed 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] - Registered shareholders will receive updates through a portfolio monitoring software 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]