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Pomerantz Law Firm Announces the Filing of a Class Action Against Dow Inc. and Certain Officers – DOW
DowDow(US:DOW) Globenewswire·2025-09-14 14:00

Core Viewpoint - A class action lawsuit has been filed against Dow Inc. and certain officers for alleged violations of federal securities laws during the Class Period from January 30, 2025, to July 23, 2025, seeking damages for affected investors [1] Company Overview - Dow is an American materials science company serving various industries, including packaging, infrastructure, mobility, and consumer applications, organized into three operating segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings [4] Financial Performance and Market Position - Dow's CEO, Jim Fitterling, emphasized the importance of the company's "industry-leading dividend," claiming that over 65% of shareholders rely on it [5] - Despite challenges in the materials science industry and tariff-related uncertainties, Dow's management claimed the company was well-positioned to maintain financial flexibility and support its dividend [5] - However, the lawsuit alleges that Dow's management made materially false and misleading statements regarding the company's ability to handle macroeconomic pressures and maintain its dividend, which were overstated [5] Recent Developments - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00 due to ongoing weakness in key markets and pressure on the dividend, resulting in a 3.21% drop in stock price [6] - Following the release of disappointing Q2 2025 financial results on July 24, 2025, where Dow reported a non-GAAP loss per share of $0.42 and net sales of $10.1 billion (a 7.3% year-over-year decline), the company announced a dividend cut from $0.70 to $0.35 per share, leading to a 17.45% drop in stock price [7][8]