#United States #New York #Securities Fraud #Pomerantz LLP #Celanese Corporation

Pomerantz Law Firm Investigates Investor Claims Against Celanese Corporation

Pomerantz LLP, a well-known law firm specializing in corporate and securities class litigation, has announced its investigation into Celanese Corporation (NYSE: CE) on behalf of concerned investors. The firm is probing claims that could involve allegations of securities fraud or other unlawful practices related to the management and operations of Celanese.

Context of the Investigation

This investigation comes in light of disappointing financial results recently disclosed by Celanese. For the third quarter of 2024, the company reported adjusted earnings of $2.44 per share, a figure that fell short of the consensus estimate of $2.84. Additionally, revenue reported was $2.65 billion, which marks a 2.6% decline year-over-year, also below market expectations. The company's CEO attributed this underperformance to a constrained demand environment, particularly in the automotive sector, suggesting that companies were proactively destocking in response to these dynamics.

In response to the poor financial report, Celanese's stock price plummeted by 26.32% on the day following the announcement, closing at $91.00 per share. This significant drop drew the attention of Pomerantz LLP, leading the firm to investigate the circumstances surrounding these results and the potential implications for investors.

Following this, Celanese issued a press release on February 18, 2025, detailing its full-year financial results, which indicated a net loss per share of $13.86 and an adjusted earnings per share of $8.37. The company recognized a 6% fall in net sales compared to the previous year, attributing the decline mainly to persistently weak demand in critical sectors, including automotive and industrial markets.

Further compounding the company's challenges, another disappointing quarterly report released on August 11, 2025, confirmed that volumes within its Engineered Materials segment remained below normal levels, particularly due to a reduction in destocking activities in Europe.

Impact on Investors

These repeated instances of underperformance led to further drops in Celanese's stock, with another decline of 21.46% following the fourth-quarter results announcement, and an additional 13.07% drop post-earnings report for the subsequent quarter. Such substantial fluctuations suggest a troubling trend for shareholders, prompting the ongoing investigation.

Pomerantz LLP has urged any potential investors affected by these developments to reach out for more information about their legal options. They believe that investors have the right to understand whether the company and its executives mismanaged company resources or provided misleading information about the firm's financial health.

About Pomerantz LLP

Founded over 85 years ago by the late Abraham L. Pomerantz—widely recognized as a pioneer in class action litigation—Pomerantz LLP has grown into a reputable firm in the field of corporate litigation. With offices in major cities around the world, the firm is dedicated to fighting for the rights of victims who may have suffered losses due to securities fraud or corporate misconduct. They have a strong track record, having recovered significant damages for class members in past cases.

This investigation reflects the legal community's commitment to corporate accountability and the pursuit of justice for investors who may have been wronged by misleading corporate practices. As investors await the outcome of this investigation, they are advised to remain informed and vigilant regarding the developments concerning Celanese Corporation.

For more information or to join the investigation, affected investors are encouraged to contact Danielle Peyton at Pomerantz LLP at [email protected] or 646-581-9980, ext. 7980. This inquiry not only emphasizes the importance of ethical practices in publicly traded companies but also highlights the ongoing need for investor protection in the financial markets.