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

1. Pomerantz LLP is investigating Methanex for potential securities fraud. 2. Methanex's Geismar plant experienced an unplanned outage in February. 3. The plant is expected to resume operations by early May 2025. 4. Scotiabank downgraded Methanex’s stock following the outage announcement. 5. Stock price fell by 12.9% after the press release.

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FAQ

Why Bearish?

Recent developments indicate operational disruptions and possible fraud, affecting investor confidence. Historical drops after bad news, like outages or fraud allegations, typically result in declines.

How important is it?

Investigations and operational setbacks are critical for stock performance. Future clarity on investigations might influence investor sentiment significantly.

Why Short Term?

Immediate investor sentiment is likely to deteriorate due to fraud investigations. The situation may improve with the plant's operational assurance.

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OMABCFLIN
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- 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 newaction@pomlaw.com 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 PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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