FMC Corporation Class Action Lawsuit - FMC
Case Summary
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The FMC class action lawsuit seeks to represent purchasers or acquirers of FMC Corporation (NYSE: FMC) securities between November 16, 2023 and February 4, 2025, inclusive (the “Class Period”). Captioned Mohammed v. FMC Corporation, No. 25-cv-00771 (E.D. Pa.), the FMC class action lawsuit charges FMC and certain of FMC’s 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 FMC class action lawsuit, please provide your information in the form on this page. You can also contact attorney 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 FMC class action lawsuit must be filed with the court no later than April 14, 2025.
CASE ALLEGATIONS: FMC is an agricultural sciences company that provides crop protection, plant health, and professional pest and turf management products.
The FMC class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) FMC’s channel management initiatives were not progressing as represented; (ii) faced with pricing pressure, FMC had made the decision not to compete on prices and instead walk away from sales opportunities; and (iii) as a result, FMC had inflated inventory in the channels in “LATAM, including Brazil; Asia, including India; as well as Canada and Eastern Europe.”
The FMC class action lawsuit further alleges that on February 4, 2025, FMC released its fourth quarter 2024 financial results, revealing that it had missed its previously announced full fiscal year revenue guidance as well as consensus estimates and explaining that “growth was below [FMC’s] expectations as [it] learned during the quarter that customers in many countries sought to hold significantly less inventory than they have historically.” On this news, the price of FMC stock fell more than 33%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired FMC securities during the Class Period to seek appointment as lead plaintiff in the FMC class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the FMC class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the FMC class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the FMC class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.