Tronox(US:TROX) Globenewswire·2025-10-14 15:38Core Viewpoint - A class action lawsuit has been filed against Tronox Holdings plc for allegedly providing misleading statements about its financial health and sales forecasts, leading to significant losses for investors [8]. Allegation Details - The lawsuit claims that Tronox made overly positive statements while concealing material adverse facts about its commercial division and the demand for its products [8]. - The company’s forecasting processes reportedly failed, resulting in declining sales and increased costs, which ultimately derailed revenue projections [8]. Financial Impact - On July 30, 2025, Tronox announced a significant reduction in TiO2 sales for the second quarter, attributing the decline to a softer coatings season and increased competition [8]. - Following this announcement, Tronox revised its 2025 financial outlook, lowering full-year revenue guidance and reducing its dividend by 60% [8]. - 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 [8]. Next Steps for Investors - Investors who purchased Tronox shares during the class period (February 12, 2025, to July 30, 2025) have until November 3, 2025, to apply to be appointed as lead plaintiff in the lawsuit [8].