Levi & Korsinsky Notifies Shareholders of Tronox Holdings plc(TROX) of a Class Action Lawsuit and an Upcoming Deadline
TronoxTronox(US:TROX) Prnewswire·2025-09-05 12:45

Core Viewpoint - Tronox Holdings plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 12, 2025, and July 30, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and forecasting capabilities, leading to a significant decline in sales and increased costs [2] - On July 30, 2025, Tronox reported a substantial reduction in TiO2 sales, attributing the decline to a weaker coatings season and increased competition, which resulted in a lowered financial outlook and a 60% reduction in dividends [2] - Following the announcement, Tronox's stock price plummeted from $5.14 to $3.19 per share, marking a decline of approximately 38% in just one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a 20-year history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4]