FMC (FMC) Prnewswire·2025-04-08 09:45Core Viewpoint - A class action securities lawsuit has been filed against FMC Corporation, alleging securities fraud that affected investors between November 16, 2023, and February 4, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that FMC Corporation made false statements regarding its channel management initiatives, which were not progressing as claimed [2]. - It is alleged that the company faced pricing pressure and chose not to compete on prices, opting to walk away from sales opportunities instead [2]. - The complaint also states that FMC inflated inventory levels in various regions, including Latin America (Brazil), Asia (India), Canada, and Eastern Europe [2]. - As a result of these actions, the positive statements made by the defendants about the company's business and prospects were misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request to be appointed as lead plaintiff in the case [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].