FMC Corporation (FMC) Securities Class Action

The class action, filed in the Eastern District of Pennsylvania, seeks to represent individuals and entities who purchased or acquired FMC securities between November 16, 2023, and February 4, 2025. The plaintiffs claim that FMC made false and/or misleading statements and failed to disclose critical information about the company’s performance. 

FMC, which provides crop protection, plant health, and professional pest and turf management products, allegedly misrepresented the progress of its channel management initiatives. The lawsuit contends that FMC, facing pricing pressure, opted to forgo competitive pricing strategies, choosing instead to abandon sales opportunities. This decision, the plaintiffs argue, resulted in inflated inventory levels within FMC’s distribution channels, particularly in Latin America (including Brazil), Asia (including India), Canada, and Eastern Europe.

The complaint further states that on February 4, 2025, FMC released its fourth-quarter 2024 financial results, revealing that the company had missed its previously announced full fiscal year revenue guidance, as well as consensus estimates. FMC attributed the shortfall to lower-than-expected growth, explaining that “customers in many countries sought to hold significantly less inventory than they have historically.” Following this announcement, the price of FMC stock plummeted by more than 33%, according to the lawsuit.  

The plaintiffs allege that these disclosures revealed the true extent of the company’s struggles, which had previously been concealed from investors. They claim that the defendants’ alleged misrepresentations and omissions artificially inflated the price of FMC stock during the class period, causing significant financial harm to investors when the truth was finally revealed. The lawsuit seeks damages for the class of investors who were affected by the stock price decline. FMC has not yet publicly responded to the allegation.

FREQUENTLY ASKED QUESTIONS ABOUT THE CASE

What is the FMC investigation about?

We are investigating whether FMC Corporation may have intentionally misled investors about the sustainability of its business model and revenue growth.

WHAT SHOULD I DO?

I worked at FMC. What should I do?

If you were an employee of FMC, you may have valuable information that could be relevant to the investigation. Hagens Berman is one of the nation’s top whistleblower law firms, and has successfully represented many individuals who come forward with information regarding corporate malfeasance. Under the new SEC Whistleblower 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, contact Reed Kathrein at 844-916-0895 or [email protected].

There are multiple law firms participating, do I need to contact all of them?

No, you do not need to contact all participating law firms. Generally, class-action investigations and lawsuits are consolidated into a single case to streamline the legal process, and attorneys from only a few law firms are selected to serve in a leadership role on the consolidated case. Hagens Berman has a proven track record of being appointed to leadership roles in complex, multidistrict litigation regarding investor fraud and other consumer rights issues, and your claim will be handled by attorneys who have helped secure approximately $325 billion in class-action settlements on behalf of individuals who have suffered due to corporate malfeasance and the wrongdoing of other powerful institutions.

AM I ELIGIBLE?

What is the threshold amount to be eligible? What are “substantial” losses?

The threshold amount and the definition of "substantial" losses may vary depending on a number of factors specific to the case, including the size of the company, market cap, shares outstanding and who holds them and the damages alleged by the fraud. In general, to be eligible to participate in a class-action lawsuit, you must be able to demonstrate that you suffered financial losses as a result of the alleged wrongdoing and that your losses meet the criteria set by the court or law firm. Fill out the form and submit your losses.

CAN I PARTICIPATE?

Am I affected? What do I need to do to participate?

If you were an investor in FMC, you may be affected and eligible to participate in the case. To determine your eligibility and potential involvement, fill out the form and submit your losses.

Can any FMC investor participate?

In most class-action investigations and cases, any investor who meets the eligibility criteria, including purchasing the shares during the relevant period, can participate, regardless of the size of their investment. Fill out the form to find out your rights.

I bought on a non-U.S. Exchange. Can I participate?

No. This investigation only covers shares bought on a U.S. exchange, i.e. NASDAQ or NYSE. Fill out the form to find out your rights.

Am I included if I still hold my shares, or do I need to sell to participate?

Participation is based on purchasing shares during the relevant period, rather than your current holdings. Accordingly, you do not need to sell to participate. Fill out the form to find out your rights.