Investigation announced for Investors in Trinseo PLC (NYSE: TSE) over possible Violations of Securities Laws

An investigation was announced over potential securities laws violations by Trinseo PLC and certain of its directors and officers.

Investors who purchased shares of Trinseo PLC (NYSE: TSE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Trinseo PLC (NYSE: TSE) concerning whether a series of statements by Trinseo PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Wayne, PA based Trinseo PLC, a materials solutions provider, manufactures and sells plastics and latex binders in the United States, Europe, the Asia-Pacific, and internationally. Trinseo PLC reported that its annual Total Revenue rose from over $4.82 billion in 2021 to over $4.96 billion in 2022 and that its Net Income of $440 million in 2021 declined to a Net Loss of $430.9 million in 2022.

On March 27, 2023, The Inquirer published an article entitled "Bristol plant that spilled chemicals into Philly's water supply had other mishaps over the last decade." The article reported "a chemical plant in Bristol that authorities said caused a toxic spill, threatening Philadelphia's drinking water, has a long history of mishaps - including at least four recent contamination incidents." In addition, the article stated "over the past decade, the U.S. Coast Guard twice before detected releases of acrylates [commonly used to produce glass-like acrylics] from the Bristol facility into the Delaware. The EPA had separately flagged two other acrylate releases." The article cites, "David Salas-de la Cruz, a Rutgers University associate professor of chemistry, worked at the Bristol plant during its Rohm and Haas days. He said the number of incidents over the past decade was unusual."

Shares of Trinseo PLC (NYSE: TSE) declined to $19.28 per share on March 28, 2023.

Those who purchased shares of Trinseo PLC (NYSE: TSE) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.