NEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP:
- Do you, or did you, own shares of FMC Corporation (NYSE: FMC)?
- Did you lose money in your investment in FMC Corporation?
- Do you want to discuss your rights?
Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, is investigating whether FMC Corporation (“FMC” or the “Company”) (NYSE: FMC) violated federal securities laws.
If you own FMC stock and would like to discuss your legal rights and options, please visit FMC Corporation Shareholder Investigation or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
On July 10, 2023, before the market opened, FMC announced that it was cutting its revenue guidance for the second quarter and the 2023 fiscal year. FMC announced that “the revised guidance is driven by substantially lower-than-expected volumes due to an abrupt and significant reduction in inventory by channel partners, which only became evident towards the end of May and continued through the remainder of the quarter[.]”
On this news, shares of FMC common stock dropped $11.62 per share, or over 11%, to close at $92.63 per share on July 10, 2023.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
ATTORNEY ADVERTISING. © 2023 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
