FMC (FMC) GlobeNewswire News Room·2025-02-21 18:53Core Viewpoint - A class action securities lawsuit has been filed against FMC Corporation, alleging securities fraud that affected investors between November 16, 2023, and February 4, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that FMC Corporation made false statements regarding its channel management initiatives, which were not progressing as claimed [2]. - It is alleged that the company faced pricing pressure and chose not to compete on prices, opting to walk away from sales opportunities [2]. - The complaint also states that FMC inflated inventory levels in various regions, including Latin America, Asia, Canada, and Eastern Europe [2]. - As a result of these actions, the positive statements made by the company about its business and prospects were misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant compensation for shareholders and has extensive expertise in securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].