Levi & Korsinsky notifies investors that it has commenced an investigation into Methanex Corporation (NASDAQ: MEOH) concerning potential violations of the federal securities laws.
Methanex issued a press release on March 9, 2025, "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. Following this news, Methanex's stock price fell over 12% on March 10, 2025.
If you suffered a loss on your Methanex Corporation securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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