The Chemours Company

Ticker: CC

Class Period Start: 02/10/2023

Class Period End: 02/28/2024

Registration Deadline: 05/20/2024

A securities class action has been filed in the USDC – DE. against of The Chemours Company (CC) (“Chemours” or the “Company”) on behalf of all persons and entities who purchased or otherwise acquired Chemours common stock between February 10, 2023 and February 28, 2024 both dates inclusive (the “Class Period”).

 

Headquartered in Wilmington, Delaware, Chemours is an industrial and specialty chemical company for a number of markets including, among others, the “coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas” markets.

 

The Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company’s business and operations. Specifically, Defendants misrepresented and/or failed to disclose that:

(1) certain of the Company’s 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 the Company’s AIPs and LTIPs;

(2) the Company’s accounting practices and procedures, including its internal control over financial reporting, were deficient; and

(3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis, thereby harming investors.

 

If you purchased Chemours stock during the Class Period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.

 

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