SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Chemours Company (NYSE: CC) investors who suffered substantial losses to submit your losses now.
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The Chemours Company (NYSE: CC) Investigation:
“We’re investigating whether Chemours may have misrepresented or failed to disclose material facts concerning its internal controls over financial reporting,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
Specifically, on Feb. 13, 2024 Chemours announced that it postponed the release of its financial results and conference call related to its Q4 and FYE Dec. 31, 2023. The company revealed that it “is evaluating its internal control over financial reporting as of December 31, 2023 with respect to maintaining effective controls related to information and communications.” The company also revealed that its “Audit Committee also needs additional time to complete a related internal review.”
This news drove the price of Chemours shares down $3.85, or down almost 13%, on Feb. 14, 2024.
If you invested in The Chemours Company and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to frequently asked questions about the Chemours investigation, read more »
Whistleblowers: Persons with non-public information regarding The Chemours Company should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CC@hbsslaw.com.
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
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Contact:
Reed Kathrein, 844-916-0895
