FMC (US:FMC) Globenewswire·2025-03-03 18:21Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of FMC Corporation regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from November 16, 2023, to February 4, 2025 [3]. - Allegations include: 1. The company's channel management initiatives were not progressing as claimed [3]. 2. The company chose not to compete on prices due to pricing pressure, resulting in missed sales opportunities [3]. 3. There was inflated inventory in channels across Latin America (including Brazil), Asia (including India), Canada, and Eastern Europe [3]. 4. Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 14, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].