CC - CC INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that The Chemours Company Investors with Substantial Losses Have Opportunity to Lead Case | Benzinga
SAN DIEGO, April 22, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of The Chemours Company (NYSE:CC) common stock have until Monday, May 20, 2024 to seek appointment as lead plaintiff of the Chemours class action lawsuit. Captioned Taylor v. The Chemours Company, No. 1:24-cv-00361 (D. Del.), the Chemours class action lawsuit charges Chemours and certain of Chemours' top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Chemours class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-the-chemours-company-class-action-lawsuit-cc.html
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Chemours class action lawsuit must be filed with the court no later than May 20, 2024.
CASE ALLEGATIONS: Chemours is an industrial and specialty chemical company.
The Chemours class action lawsuit alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) certain of Chemours' senior executive officers manipulated Free Cash Flow targets as a means to maximize additional cash and stock incentive compensation applicable to executive officers pursuant to Chemours' Annual Incentive Plans and Long-Term Incentive Plans; and (ii) Chemours' accounting practices and procedures, including its internal control over financial reporting, were deficient.
The Chemours class action lawsuit further alleges that on February 13, 2024, Chemours "announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year ended December 31, 2023." The complaint alleges that according to Chemours, ...