Tronox(US:TROX) Globenewswire·2025-09-15 16:00Core Viewpoint - Tronox Holdings PLC is facing a class action lawsuit due to significant financial losses and misleading statements made by the company regarding its business operations and financial outlook during the Class Period from February 12, 2025, to July 30, 2025 [1][4]. Financial Performance - On July 30, 2025, Tronox reported a substantial decline in sales for its TiO2 product, attributing this to a "softer than anticipated coatings season and heightened competitive dynamics" [2]. - The company revised its 2025 financial outlook, lowering its full-year revenue guidance and cutting its dividend by 60% [2]. Stock Market Reaction - Following the release of the disappointing financial results, Tronox's stock price plummeted by $1.95, or 37.9%, closing at $3.19 per share on July 31, 2025, resulting in significant losses for investors [3]. Allegations in the Lawsuit - The class action complaint alleges that Tronox made materially false and misleading statements and failed to disclose adverse facts about its business and operations [4]. - Specific allegations include the company's inability to accurately forecast demand for its products and the promotion of unrealistic margin projections based on expected sales volume increases [4].