Provided By Business Wire
Last update: Feb 5, 2025
Law Offices of Howard G. Smith announces an investigation on behalf of Celanese Corporation (“Celanese” or the “Company”) (NYSE: CE) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CELANESE CORPORATION (CE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Is The Investigation About?
On November 4, 2024, after market hours, Celanese reported its third quarter 2024 earnings, missing consensus estimates due in part to “rapid and acute [demand] downturns in Western Hemisphere automotive and industrial segments.” The Company further disclosed that it would be “temporarily idling production facilities in every region.”
On this news, Celanese’s stock price fell $32.50, or 26.3%, to close at $91.00 per share on November 5, 2024, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Celanese securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250205127430/en/
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