An investor, who purchased shares of Venator Materials PLC (NYSE: VNTR), filed a lawsuit over alleged violations of Securities Laws by Venator Materials PLC in connection with the Company’s August 4, 2017 initial public offering and/or in its December 1, 2017 secondary offering
Investors who purchased a shares of Venator Materials PLC (NYSE: VNTR) have certain options and you should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
United Kingdom based Venator Materials PLC manufactures and markets chemical products worldwide.
Venator Materials PLC reported that its annual Total Revenue rose from over $2.13 billion in 2016 to over $2.2 billion in 2017 and that its Net Loss of $87 million in 2016 turned into a Net Income of $134 million in 2017.
Shares of Venator Materials PLC (NYSE: VNTR) declined from $25.58 per share in October 2017 to as low as $8.50 per share in September 2018.
The plaintiff alleges that materials relating to the initial and secondary public offerings contained materially false and/or misleading statements and/or failed to disclose adverse information. In January 2017, a fire ravaged one of Venator Materials PLC’s plants for manufacturing titanium dioxide in Pori, Finland. Unbeknownst to investors, Venator Materials PLC’s registration statements filed in connection with its IPO and its Secondary Public Offering failed to disclose the true extent of the fire damage to the company’s facility and the cost to repair it.
Those who purchased shares of Venator Materials PLC (NYSE: VNTR) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.