The Chemours Company

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: The Chemours Company
Stock Symbol : NYSE: CC
Class Period Start: 02/16/2017
Class Period End: 08/01/2019
Lead Plaintiff motion: 12/09/2019
Date Filed: 10/08/2019
Type of Case: Securities Class Action
Court: U.S. District Court for the District of Delaware
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the December 9, 2019 lead plaintiff deadline in a class action lawsuit filed against The Chemours Company (NYSE: CC) (“Chemours” or “the Company”). The suit is pending in the U.S. District Court for the District of Delaware and investors, who purchased The Chemours Company securities between February 16, 2017 and August 1, 2019, have until December 9, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased The Chemours Company securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company had not appropriately accounted and accrued reserves for its environmental liabilities; the possibility of costs exceeding accrued amounts was not "remote”; and as a result, Chemours’ public statements were materially false and misleading at all relevant times.

On August 1, 2019, the Company revealed its second quarter 2019 financial results and disclosed significant increases to its estimated environmental liabilities, including many new legal and regulatory actions related to perfluoroalkyl and polyfluoroalkyl substances (“PFAS”).

Following this news, NYSE:CC fell $3.47, or over 19%, to close at $14.69 per share on August 2, 2019.

If you were negatively impacted by your investment in The Chemours Company securities between February 16, 2017 and August 1, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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