Investigation Overview
An investigation on behalf of investors of Venator Materials PLC (NYSE: VNTR) shares over potential securities laws violations by Venator Materials PLC and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Venator Materials PLC (NYSE: VNTR) concerning whether a series of statements by Venator Materials PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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.
On October 5, 2018, NYSE: VNTR shares closed at $
per share.