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TRONOX ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Tronox Holdings plc and Encourages Investors to Contact the Firm
TronoxTronox(US:TROX) GlobeNewswire News Roomยท2025-09-04 14:11

Core Viewpoint - A class action lawsuit has been filed against Tronox Holdings plc for allegedly providing misleading statements about its financial health and sales forecasts, leading to significant investor losses during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities that purchased Tronox common stock between February 12, 2025, and July 30, 2025, with a deadline of November 3, 2025, for investors to apply as lead plaintiffs [1]. - The complaint alleges that Tronox's management made overly positive statements while concealing adverse facts about the company's ability to forecast demand for its products, resulting in a failure to meet revenue projections [3]. Group 2: Financial Performance - On July 30, 2025, Tronox reported a significant decline in TiO2 sales, attributing it to a weaker coatings season and increased competition, which led to a downward revision of its 2025 financial outlook and a 60% reduction in its dividend [4]. - Following the announcement, Tronox's stock price plummeted from $5.14 per share to $3.19 per share on July 31, 2025, marking a decline of approximately 38% in just one day [5].