Tronox Holdings plc (TROX) has announced that Director Johnston Peter has acquired 20,000 shares at a price of $3.21 per share on August 12, 2025.
NEW YORK, Aug. 11, 2025 — Pomerantz LLP, a renowned law firm specializing in corporate, securities, and antitrust class litigation, has announced it is investigating claims on behalf of investors of Tronox Holdings plc ("Tronox" or the "Company") (NYSE: TROX). Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980, for more information [1].
The investigation centers on whether Tronox and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. This comes on the heels of Tronox's financial results for the second quarter of 2025, where the company reported a 10.9% year-over-year decline in revenue, falling short of consensus estimates by $53.45 million. Tronox attributed the decline to delays in Brazil's anti-dumping investigation, which impacted sales in the region [1].
In response to the news, Tronox's stock price plummeted by $1.95 per share, or 37.94%, closing at $3.19 per share on July 31, 2025. Additionally, Tronox revised its 2025 financial outlook and is taking proactive steps to maximize long-term shareholder value creation [1].
Further scrutiny has been drawn to the company's insider trading practices. On August 7, 2025, Jean Francois Turgeon, a director at Tronox, purchased 31,150 shares of Common Stock at prices of $3.216 and $3.203 per share, totaling $100,026 [2]. This transaction followed a press release on August 12, 2025, where another director, Johnston Peter, acquired 20,000 shares at a price of $3.21 per share [3].
Pomerantz LLP, with a history dating back to the late Abraham L. Pomerantz, has recovered numerous multimillion-dollar damages awards on behalf of class members. The firm continues to fight for the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct [1].
References:
[1] https://www.marketscreener.com/news/pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-tronox-holdings-plc-trox-ce7c5ed2d18dfe2d
[2] https://www.tradingview.com/news/tradingview:3886230fb19e5:0-tronox-holdings-director-jean-francois-turgeon-buys-31-150-shares/
[3] [Provided Writing Topic]
Comments
No comments yet