Tronox Faces Class Action Lawsuit Over Stock Price Plunge
Tronox Holdings plc (NYSE: TROX) faces a class action lawsuit following a significant drop in its stock price on the stock market today. The lawsuit alleges securities fraud, with investors losing confidence due to declining sales and revised financial outlooks. The case is being handled by Levi & Korsinsky, LLP, a renowned law firm with a track record of securing hundreds of millions for aggrieved shareholders.
On July 30, 2025, Tronox announced a substantial reduction in TiO2 sales for the second quarter of fiscal 2025, blaming softer coatings season and increased competition. This news sent Tronox's common stock price plummeting by approximately 38%, from $5.14 to $3.19 per share. The lawsuit alleges that Tronox made materially false and misleading statements about its ability to forecast demand for its pigment and zircon products and the true state of its commercial division on yahoo finance.
The lawsuit, filed on behalf of investors adversely affected between February 12, 2025, and July 30, 2025, seeks to hold Tronox accountable for its actions. As a result of the sales decline, Tronox revised its 2025 financial outlook, lowering its full-year revenue guidance and reducing its dividend by 60%. Investors have until November 3, 2025, to request appointment as lead plaintiff, with no cost or obligation to participate.
Tronox's stock price took a significant hit following the announcement of reduced sales and revised financial outlooks on the stock market. A class action lawsuit has been filed, alleging securities fraud. Investors affected by these events have until November 3, 2025, to seek appointment as lead plaintiff. Levi & Korsinsky, LLP, the law firm handling the case, has a proven track record in securing substantial compensation for aggrieved shareholders.
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