Philadelphia, Pennsylvania--(Newsfile Corp. - January 10, 2025) - Grabar Law Office is investigating claims on behalf of FMC shareholders. The investigation concerns whether certain officers of FMC have breached their fiduciary duties owed to the company.
Shareholders who have held FMC Corporation (NYSE: FMC) stock since prior to November 2, 2022, can seek corporate reforms, the return of funds spent defending class action litigation back to the company, and a court approved incentive award, at no cost to them whatsoever. Visithttps://grabarlaw.com/the-latest/fmc-shareholder-investigation/ or contact Josh Grabar at jgrabar@grabarlaw.com or call 257-507-6085.
Why: An underlying securities fraud class action complaint alleges that FMC Corporation, via certain of its officers and directors, made materially false and/or misleading statements about the Company's business, operations, and prospects including that: (1) the diminishment of patent protection for FMC's flagship products, such as diamides (a class of insecticide), which accounted for almost 40% of FMC's revenues in the past year and an estimated 60+% of reported EBITDA, following legal defeats in key markets including India, China, and Brazil had opened the door to increased competition from generic versions of those products; (2) the Company repeatedly mislead investors about the status of such proceedings and falsely claimed that it did not and would not face generic competition in key markets until 2026 at the earliest; and (3) because of these issues FMC's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What You Can Do Now: If you have held FMC stock since before November 2, 2022 and would like to learn more about this matter, or to join it at no cost to you, you are encouraged to visit https://grabarlaw.com/the-latest/fmc-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.
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