Chemours Company
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On February 29, 2024, an article titled “Chemical Giant Chemours Suspends Top Executives, Opens Accounting Probe” was published by The Wall Street Journal. The article highlighted that Chemours had announced the suspension of its top executives and the postponement of its audited financial reports due to an internal investigation concerning the company’s accounting practices, executive compensation, and ethics hotline complaints. This unexpected announcement alarmed investors who had been anticipating the latest financial results from the manufacturer of Teflon. The company’s board of directors is reported to be collaborating with a legal firm to carry out the probe.
Following this disclosure, the share price of Chemours experienced a significant drop, falling $9.05 or 31.51%, to end at $19.67 per share on the same day.
