FMC - New Investor Class Action Against FMC Corporation (FMC) Expands Alleged Fraudulent Period - Hagens Berman | Benzinga
SAN FRANCISCO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges FMC Corporation (NYSE:FMC) investors who suffered substantial losses to submit your losses now.
Expanded Class Period: Nov. 1, 2022 – Oct. 30, 2023
Lead Plaintiff Deadline: Jan. 8, 2024
Visit: www.hbsslaw.com/investor-fraud/FMC
Contact An Attorney Now: FMC@hbsslaw.com
844-916-0895
FMC Corporation (FMC) Securities Fraud Class Action:
The litigation focuses on the propriety of FMC's sales and inventory management practices, and on the sustainability of growth and financial results flowing from its patented diamide insect control products.
The complaint alleges that FMC made false and misleading statements and failed to disclose that: (1) the diminishment of patent protection for FMC's flagship products following legal defeats in India, China, and Brazil key markets opened the door to increased competition from generics; and (2) FMC repeatedly misled investors about the status of such proceedings and falsely claimed that it did not and would not face generic competition in ...
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