Tronox(US:TROX) Prnewswireยท2025-10-06 12:45Core Viewpoint - Tronox Holdings plc (NYSE: TROX) is facing a class action lawsuit due to allegations of misleading statements regarding its financial performance and demand forecasting for its products, leading to a significant drop in stock price [1][2]. Summary by Sections Allegations - The complaint claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and demand forecasting capabilities [1]. - Despite ambitious long-term projections, Tronox's sales continued to decline, and costs increased, which ultimately affected revenue projections [1]. - On July 30, 2025, Tronox reported a significant reduction in TiO2 sales, attributing the decline to a weaker coatings season and increased competition [1]. Financial Impact - Following the announcement of poor financial results, Tronox revised its 2025 financial outlook, lowering full-year revenue guidance and cutting its dividend by 60% [1]. - The stock price plummeted from $5.14 per share on July 30, 2025, to $3.19 per share on July 31, 2025, marking a decline of approximately 38% in one day [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by November 3, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2].