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Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Tronox Holdings plc (TROX) Shareholders
TronoxTronox(US:TROX) Globenewswireยท2025-09-16 21:12

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 capabilities [2] - Tronox's financial results for Q2 2025 revealed a significant decline in TiO2 sales, attributed to a softer coatings season and increased competition, leading to 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, a decline of approximately 38% in 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 this role [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 strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4]