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][2] Group 1: Lawsuit Details - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and forecasting processes, which ultimately led to a decline in sales and increased costs [2] - On July 30, 2025, Tronox reported a significant reduction in TiO2 sales for the second quarter, attributing the decline to a softer coatings season and heightened competition [2] - Following the negative financial results, Tronox revised its 2025 revenue outlook downward and reduced its dividend by 60%, leading to a dramatic stock price drop from $5.14 to $3.19 per share, a decline of approximately 38% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant period have until November 3, 2025, to request to be appointed 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 hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Levi & Korsinsky Notifies Shareholders of Tronox Holdings plc (TROX) of a Class Action Lawsuit and an Upcoming Deadline