Workflow
DOW SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Dow Inc. - DOW
DowDow(US:DOW) GlobeNewswire News Roomยท2025-09-03 01:33

Core Viewpoint - A securities class action lawsuit has been filed against Dow Inc. for failing to disclose material information during the class period from January 30, 2025, to July 23, 2025, which is in violation of federal securities laws [3]. Group 1: Lawsuit Details - Investors who purchased Dow securities during the class period have until October 28, 2025, to file lead plaintiff applications [1][2]. - The case is identified as Sarti v. Dow Inc., No. 25-cv-12744 [5]. Group 2: Financial Performance - On July 24, 2025, Dow reported a non-GAAP loss per share of $0.42, significantly higher than the expected loss of approximately $0.17 to $0.18 per share [4]. - Dow's net sales for Q2 2025 were $10.1 billion, reflecting a 7.3% year-over-year decline and missing consensus estimates by $130 million [4]. - The company announced a dividend cut from $0.70 per share to $0.35 per share, citing the need for financial flexibility in a challenging macroeconomic environment [4]. - Following the financial disclosures, Dow's share price fell by $5.30, or 17.45%, closing at $25.07 per share on July 24, 2025 [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case [5]. - The firm has been recognized among the top 10 firms nationally based on total settlement value [5].