Tronox Holdings plc Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - TROX
TronoxTronox(US:TROX) Prnewswire·2025-10-17 12:45

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]. Company Performance - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and demand forecasting for its products [2]. - On July 30, 2025, Tronox reported a significant decline in TiO2 sales, attributing it to a "softer than anticipated coatings season and heightened competitive dynamics" [2]. - Following the disappointing financial results, Tronox lowered its full-year revenue guidance and reduced its dividend by 60% [2]. Stock Market Reaction - Tronox's stock price fell dramatically 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 just one day [2]. Legal Proceedings - Investors who suffered losses during the relevant time frame have until November 3, 2025, to request to be appointed as lead plaintiff in the class action [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [3]. Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4].