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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Methanex Corporation - MEOH

1. Pomerantz LLP investigating Methanex for possible securities fraud. 2. Plant outage in Louisiana leads to a 12.9% stock price drop. 3. Scotiabank downgraded Methanex's stock following recent issues. 4. Stakeholders may face class action due to alleged business misconduct. 5. Repairs at Geismar 3 plant expected to complete by early May 2025.

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FAQ

Why Bearish?

The significant stock price drop following the outage indicates investor concern, compounded by the fraud investigation and downgrade from Scotiabank.

How important is it?

The ongoing investigation and prior stock performance are key factors affecting market confidence in MEOH.

Why Short Term?

Immediate consequences due to the outage and ongoing investigations likely to affect stock volatility in the near future.

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MEOH
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Methanex Corporation ("Methanex" or the "Company") (NASDAQ: MEOH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Methanex and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action]  On March 9, 2025, Methanex issued a press release "announc[ing] . . . that its 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana was impacted by an unplanned outage in late February." The press release stated that "[u]pon completing various inspections, management has decided to complete repairs to the autothermal reformer (ATR), and management currently estimates a plant startup by early May 2025." After the announcement, Scotiabank downgraded Methanex to Sector Perform from Sector Outperform.  On this news, Methanex's stock price fell $5.45 per share, or 12.9%, to close at $36.80 per share on March 10, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.   CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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