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MEOH Investors Have Opportunity to Join Methanex Corporation Fraud Investigation with the Schall Law Firm
MEOHMethanex(MEOH) Prnewswire·2025-03-14 07:43

Core Viewpoint - The Schall Law Firm is investigating Methanex Corporation for potential violations of securities laws related to misleading statements and undisclosed information impacting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Methanex issued false or misleading statements or failed to disclose critical information to investors [2]. - Methanex announced an unplanned outage at its 1.8 million tonne methanol plant, Geismar 3, in Louisiana, which occurred in late February 2025 [2]. - Following the announcement, Methanex's shares dropped by 12.9% on March 10, 2025, due to analyst downgrades [2]. Group 2: Company Background - Methanex Corporation is a significant player in the methanol production industry, with a notable facility in Geismar, Louisiana [2]. - The company is currently working on repairs to the autothermal reformer (ATR) at the affected plant, with an estimated startup date projected for early May 2025 [2].