Tronox Investors Face Nov. 3 Deadline in Securities Class Action After July Stock Plunge
Plaintiff firms urge purchasers from February to July 2025 to contact counsel over alleged misleading forecasts.
Overview
- A securities class action has been filed against Tronox Holdings plc and certain officers alleging false or misleading statements about demand forecasting and the commercial division.
- Most notices define the class period as February 12, 2025 through July 30, 2025, with at least one firm citing a start date of February 2, 2025.
- The complaint follows Tronox’s July 30 disclosure of weaker TiO2 sales, reduced full‑year guidance, and a 60% dividend cut.
- Tronox shares fell about 38% from $5.14 on July 30 to $3.19 on July 31 after the earnings update.
- Investors have until November 3, 2025 to move for lead‑plaintiff status, the case is pending in the U.S. District Court for the District of Connecticut, and no class has been certified.