Pomerantz Law Firm Launches Investigation into Celanese Corporation for Possible Securities Fraud

Pomerantz Law Firm Investigates Celanese Corporation

Recently, Pomerantz LLP initiated an investigation concerning potential wrongdoing by Celanese Corporation (NYSE: CE) and its executives. This move follows disappointing financial results that have raised alarms among investors regarding possible securities fraud or other unlawful business practices.

Recent Financial Performance

Celanese's financial reports in late 2024 and early 2025 indicated significant declines in its earnings and revenues. In a press release dated November 4, 2024, Celanese revealed adjusted earnings per share of $2.44 for the third quarter of 2024, falling short of analysts' expectations of $2.84. Furthermore, the company reported revenue of $2.65 billion, which was a 2.6% year-on-year decrease, also below the anticipated $2.69 billion. During this announcement, CEO Mark Geschke noted a severely constrained demand environment, particularly in the automotive sector, predicting worsened conditions in the fourth quarter due to heavy destocking.

The market reacted sharply, with Celanese's stock plummeting $32.50 per share, a staggering 26.32%, closing at $91.00 on November 5, 2024.

Further Declines in Value

On February 18, 2025, Celanese reported fourth-quarter results that did not ease concerns. The company disclosed a full year GAAP diluted loss per share of $13.86 alongside adjusted earnings per share of $8.37. The overall sales for 2024 amounted to $10.3 billion, a glaring 6% decrease attributed to stagnant global demand across key sectors including automotive, paints, coatings, and construction. Following this announcement, Celanese's share price dipped by another $15.00 per share, translating into a significant lapse of 21.46%, closing at $54.91 on February 19, 2025.

The downward trend continued as Celanese reported another quarter of disappointing results on August 11, 2025. The company's Engineered Materials segment suffered from volume deficiencies caused by reduced destocking in Europe. Unsurprisingly, after this release, the stock saw another decline, falling $6.20 per share, or 13.07%, to end the day at $41.22 on August 12, 2025.

Call to Action for Investors

In light of these events, Pomerantz LLP extends its plea to investors impacted by these developments to reach out, particularly if they feel they have suffered financial losses due to alleged negligent practices by Celanese and its executives. The firm's investigation will examine whether the decline in stock value was indeed linked to securities fraud and unethical business conduct.

For those interested in participating in the investigation or seeking more information about the class action, affected investors are encouraged to contact Danielle Peyton at Pomerantz LLP via email at [email protected] or by phone at 646-581-9980, extension 7980.

Pomerantz LLP Background

Established in New York, Pomerantz LLP is recognized as one of the foremost firms dealing with corporate, securities, and antitrust class action litigation. Founded by the late Abraham L. Pomerantz, a pioneer in securities class actions, the firm has a legacy of fighting for investor rights and has achieved numerous multi-million dollar recoveries for its clients over its extensive history. You can learn more about Pomerantz LLP at their website, www.pomlaw.com.

Conclusion

The ongoing analysis surrounding Celanese Corporation’s financial integrity has significant implications for investors. With Pomerantz LLP stepping up to probe into possible securities fraud, the focus now shifts to how the company will address these financial setbacks and the potential fallout for stakeholders involved.